McKinsey downplays carbon cost
2nd February 2007 by Tim Kitchin
McKinsey has performed its own cost estimate around carbon reduction strategies, and concluded that reforestation and energy saving measures can provide around half of the required adjustments. The analysis significantly downplays perceived threat to economic growth.
Conversely, many of the measures identified will require widespread socio-economic change and international collaboration, which will require a major investment in business assurance architecture to ensure transparency of outcomes.
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