Market news
09.07.2021, 09:39

G20 countries can take several paths to cut carbon emissions - U.S. Treasury Secretary

Reuters reports that U.S. Treasury Secretary Janet Yellen said that G20 countries are responsible for 80% of the world's carbon emissions and need to take concrete action now, but there are different paths to achieve this besides explicit carbon pricing.

Yellen said that member countries will need to make significant public and private investments and make "difficult economic decisions" to achieve goals of decarbonizing their economies by mid-century.

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