Study: 2°C target at risk, without moving subsidies (Updated)

The study, Energy investments under climate policy: A comparison of global models, published in the journal Climate Change Economics (DOI: 10.1142/S2010007813400101 | 2013) explored global energy spending and concluded that low-carbon energy and energy efficiency investments of about 1.1 trillion annually are required, to meet the emissions reduction targets to keep the world below 2°C. In context, additional $0.8…