World Environment Day calls for end to carbon addiction

Global warming is becoming the defining issue of the era and threatens to hurt rich and poor, UN chief Ban Ki-Moon said on Thursday as he urged countries to kick their addiction to carbon dioxide.

This year’s World Environment Day theme is "CO2 Kick the Habit". "Our world is in the grip of a dangerous carbon habit," Ban was reported as saying. "Addiction is a terrible thing. It consumes and controls us, makes us deny important truths and blinds us to the consequences of
our actions."
The UN Environment Programme (UNEP) said the cost of greening of the world’s economy would be as little as a few tenths of global GDP
annually over 30 years and would be a driving force for innovation, new businesses and employment.

More than 20% of new investment in renewable energy is in developing countries like China, India and Brazil, it added. Renewables now
provide over 5% of global power generation and 18% of new investment in power.

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