IHS Chemical Week

OECD: Inaction on Climate Change Would Curb Economic Growth

10:13 AM MDT | March 27, 2012 | Sotirios Frantzanas

Ongoing inaction to prevent global climate change will lead to irreversible environmental damage and curb economic growth, according to a report published today by the Organisation for Economic Cooperation and Development (OECD; Paris). The report, dubbed Environmental Outlook to 2050, is a call to governments and private companies to act now to curb greenhouse gas (GHG) emissions. GHG emissions are continuing to rise and in 2010 global energy-related CO2 emissions reached an all-time high, the report says. OECD anticipates the world energy demand...

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