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Paris climate deal to ignite a $90 trillion energy revolution

The old fossil order is on borrowed time as China and even India join the drive for dramatic cuts in CO2 emissions…

Assumptions made by the fossil fuel industry that China, India and the developing world will continue to block any serious effort to curb greenhouse emissions are no longer credible as, six years on from the Copenhagen climate summit, The Telegraph has reported that 155 countries, including China and India, have so far submitted plans for the COP21 climate summit to be held by the United Nations in Paris this December.

The combined submissions commit the world to a reduction in fossil fuel demand by 30pc to 40pc over the next 20 years, and this is just the start of a revolutionary shift to net zero emissions by around 2080.


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