Washington - If the world works as many hours as Americans currently do, it would consume 15-30 percent more energy by 2050 than it would by following Europe's model, according to a paper by the Center for Economic and Policy Research (CEPR).
"Getting dirty industry to clean up its act can and has to be a partial
solution. But carbon trading schemes won’t achieve that. In fact,
carbon credits, or tradeable pollution rights, entrench “business as
usual” for the dirtiest industries."
Around 25,000 people took part in I Count, largest climate march in British history today (5/11/06), demanding urgent action on climate change.
The march, organised by the Stop Climate Chaos (SCC) coalition began with a rally at the US Embassy. Protestors carrying banners with the slogan "climate change hits the poorest hardest" and "George Bush wanted for crimes against the planet", converged on Trafalgar Square as the rock band Razorlight performed.
Britons face the prospect of a welter of new green taxes to tackle climate change, as the most authoritative report on global warming warns it will cost the world up to £3.68 trillion unless it is tackled within a decade.