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Chemical Week Magazine :: Regulatory

Inaction on Climate Change May Have Catastrophic Results

Industry: GHG Emission Reduction Is a Global Issue

2:06 PM MDT | June 25, 2012 | —Sotirios Frantzanas

Continued inaction to prevent global climate change will lead to irreversible environmental damage and curb economic growth, a recent report by the Organization for Economic Cooperation and Development (OECD; Paris) says. The report, entitled Environmental Outlook to 2050, is a call to governments and private companies to act now to curb greenhouse gas (GHG) emissions. Worldwide energy-related carbon dioxide (CO2) emissions reached an all-time high in 2010, the report says. OECD anticipates that world energy demand will increase 80% by 2050, causing GHG emissions...

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