McKinsey & Company, a business consultant group published the report called "Reducing U.S. Greenhouse Emissions: How Much at What Cost?" with The Conference Board, a research group.
The US could reduce projected 2030 emissions of greenhouse gases by between 33-50% at manageable costs to the economy, the report found. Its mid-range case found that cutting 3 billion metric tons of carbon dioxide equivalent from the United States by 2030 would cost an average about $50 billion annually, or a total of $1.1 trillion.
That would represent 1.5 percent of the $77 trillion in real investment the U.S. economy is expected to make over the period, it said.
About 80 percent of the reductions could be made using technologies already proven in the United States or elsewhere in the world, the report said.
http://green.yahoo.com/news/nm/20071129/ts_nm/greenhouse_usa_mckinsey_dc.html
For those claiming it will be too expensive to tackle global warming - what do you make of this report?
2007-11-29
09:45:19
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8 answers
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asked by
Dana1981
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in
Global Warming