Carbon price must at least double, warns watchdog
13 Nov 2009
The International Energy Agency has warned that the price of carbon credits will have to more than double from the levels they now trade at in Europe to make high-tech solutions to climate change economically attractive.
In its annual World Energy Outlook report released this week, the rich countries' watchdog also warns that the world's use of fossil fuels - coal, oil and natural gas - will have to peak by the early 2020s.
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