A minimum cost for a premium investment

Fri, 2007-05-04 09:17Jim Hoggan
Jim Hoggan's picture

A minimum cost for a premium investment

The United Nations Intergovernmental Panel on Climate Change today released its third and final summary on the state of climate change. The report, entitled Summary for Policymakers: mitigation of climate change, outlines what the problem is, how we should be dealing with it and how much it's going to cost.

The report concludes that the cost of reducing CO2 emissions to a stable level will be about .12% of the annual gross domestic product.

According to the Associated Press story on the release, “The document made clear that the world has the technology and money to decisively act in time to avoid a sharp rise in temperatures that scientists say would wipe out species, raise ocean levels, wreak economic havoc and trigger droughts in some places and flooding in others.”

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OTTAWA (CP) - Opposition parties say a new United Nations climate change report debunks the Harper government’s contention that Canada can’t meet its Kyoto commitments without falling into a deep recession. http://cnews.canoe.ca/CNEWS/Science/2007/05/04/pf-4154343.html

Excerpt: May 3, 2007 edition csmonitor

Nature’s carbon ‘sink’ smaller than expected
Earth in 2100 could be up to 2.7 degrees F. hotter than previously predicted, studies say.

“We’ve been getting a free ride from forests and oceans,” says Robert Jackson, a Duke University ecologist who heads the southeastern division of the US Department.

http://www.csmonitor.com/2007/0503/p01s02-wogi.html?page=2

They need to try harder and not forget about air travel.

Benchmarks were witnessing a
rangebound session as traders chose to
book profits near crucial resistance  operator trading tips
 levels even as other Asian
peers moved higher. Meanwhile,
stock market tips
 buying action was seen in
broader markets which were catching up with the frontline
stock trading
after a sharp rally.

At 12 pm; Bombay Stock Exchange’s
Sensex was at 18829.61, up 66.81 points or 0.36 per cent. The 30-share tips
index hit a high of 18942.42 and low of 18782.34
intraday tips.

National Stock Exchange’s Nifty was at
5648.70, up 21.50 points or 0.38 per cent. The broader index touched
stock market
 a high of 5679.65 and low of
5633.10 in trade so far.

“The trend deciding level for the day is 18836 / 5648 levels. If Nifty
insider trading stock
 above this level during the
first half-an-hour of trading tips
then we may  operator stock trading tips
witness a further rally up to
18958 - 19154 / 5685 - 5744 levels.

However,trading strategies
  if Nifty trades below 18836
/ 5648 levels for the first half-an-hour of trade  operator’s stock tips
then it may correct up to 18640 -
18517 / 5589 - 5552 levels,”
sure short tips
said Angel Broking note. 

[x]
High-speed train

Aggressively tackling global warming through better public transportation and increased energy efficiencies could increase global GDP by between $1.8 trillion and $2.6 trillion annually, a new report has found.

Released on Monday, the report by the World Bank and the ClimateWorks Foundation said tackling global warming now would also save as many as 94,000 lives a year from pollution-related diseases and reduce crop losses.

The report —...

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