Keep the climate, change the economy

The UN says we need to make a 'massive shift' to renewables to curb climate change. How can we encourage investors? Sponsored feature

This month, the Obama administration announced new rules aimed at cutting carbon pollution from power stations by 30% from 2005 levels by 2030. Never before has a US president attempted to regulate carbon dioxide emissions from power stations and the move has been hailed by scientists and policymakers as an important step towards a global economy powered by clean energy.

The urgent need to move away from energy produced by fossil fuels such as coal, oil and gas had been made abundantly clear earlier this year when the UN's Intergovernmental Panel on Climate Change published a report that said the world needed to make a "massive shift" to renewable energy in order to curb climate change.

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