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New phase of globalization could undermine efforts to reduce CO2 emissions

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It found that trade among developing nations—South-South trade—more than doubled between 2004 and 2011. —Dabo Guan, professor in climate change economics at UEA’s School of International Development and co-author on both studies. Gt in 2004 and 2.2 Gt in 2004 to 1.1 —Prof Guan. gigatonnes (Gts).

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. —Seb Henbest, head of Europe, Middle East and Africa for BNEF and lead author of NEO 2018. NEO 2018 sees $11.5 trillion being invested globally in new power generation capacity between 2018 and 2050, with $8.4

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