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You could be forgiven for thinking that national action to reduce greenhouse gas emissions is going nowhere. This article in yesterday’s Washington Post describes the persistent hand-wringing inside the Beltway about the putative cost of cap-and-trade regulation. The argument continues although, as I and many others have argued, the U.S.
Yesterday, the G20 leaders released a statement that commits the World Bank and the other MDB’s to financing low-carbon growth:
We will make the transition towards clean, innovative, resource efficient, low carbon technologies and infrastructure. We encourage the MDBs to contribute fully to the achievement of this objective.
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