— Carbon prices are now in place in ”2 countries and 2‘ sub„ d e r national reions raisin usd¡ž‚Ÿ2 billion of reenue a h in 201— and coerin rouhl 20 per cent of lobal emis„ ly s l sions‚@! Most carbon prices in such schemes are far too a u q low to delier the necessar abatement‚ e n — s u e i Since 201Ÿ inestment in renewable ener has exceeded s n o p that in fossil fuels‚ ‹n 201— lobal clean ener inest„ s e ment exceeded usd00 billion for the fifth ear in a row r and there was a record 100 gw of photooltaic capacit installed‚@@ 2 1 Šorld ¢anƒ 201ž 2 2 unep bnef 201ž ”Ÿ
Pictet Group Oxford Climate Change Study Page 55 Page 57