What is awarded to comanies to reduce greenhsoue emission?
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U.S. businesses that commit to cutting carbon emissions by 3 percent annually through 2020 could reap as much as $190 billion from reduced energy bills, increased productivity and innovation, and the tapping of new clean energy sources such as solar, a new report from the World Wildlife Fund and CDP has found.
But the window of opportunity is closing fast, and failure to begin curbing emissions of carbon dioxide and other greenhouse gases by the end of this decade will make it much harder to meet carbon reduction goals over the long term, according to the report. It will also increase the risk of business disruptions caused by extreme weather events such as droughts, floods and severe storms, the report states.
Whether U.S. businesses fare better or worse will depend on their ability to close what climate activists call the "gigaton gap," referring to the amount of CO2 expected to be emitted by the U.S. corporate sector by 2020 and the level of emissions necessary to prevent the planet from warming by 2 degrees Celsius from preindustrial levels.
But the window of opportunity is closing fast, and failure to begin curbing emissions of carbon dioxide and other greenhouse gases by the end of this decade will make it much harder to meet carbon reduction goals over the long term, according to the report. It will also increase the risk of business disruptions caused by extreme weather events such as droughts, floods and severe storms, the report states.
Whether U.S. businesses fare better or worse will depend on their ability to close what climate activists call the "gigaton gap," referring to the amount of CO2 expected to be emitted by the U.S. corporate sector by 2020 and the level of emissions necessary to prevent the planet from warming by 2 degrees Celsius from preindustrial levels.
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