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The Longer We Wait, the More Expensive Carbon and Fossil Fuel Reduction Becomes

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The International Energy Agency earlier this month (November 2010) released its annual energy outlook report, providing its global energy outlook for 2035. According to the report, if global temperatures are to be kept below a 2°C (3.6°F) rise, emission reduction pledges made under the Copenhagen Accord are inadequate -- and ultimately will increase the emission-reduction costs by $1 trillion.

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