Utilities and oil companies are still building coal-fired power plants and refineries, and governments are spending another $600 billion directly subsidizing the consumption of fossil fuels. By contrast, the report found, less than $400 billion a year is being spent around the world to reduce emissions or otherwise cope with climate change. That sum is smaller than the revenue of a single American oil company, ExxonMobil. nytimes/2014/11/03/world/europe/global-warming-un-intergovernmental-panel-on-climate-change.html?hp&action=click&pgtype=Homepage&module=first-column-region®ion=top-news&WT.nav=top-news&_r=0
Posted on: Sun, 02 Nov 2014 13:50:44 +0000
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