Currently available technologies could reduce global GHG emissions 35 percent below 1990 levels by 2030, according to a report released by McKinsey and Company. The total cost of implementing all of the measures contained in the report would be less than 1 percent of global gross domestic product.
Pathways to a Low Carbon Economy (registration required) lists more than 200 opportunities, spread across ten sectors and 21 geographical regions that have the potential to reduce global GHG emissions.
“If the policies were in place to force the broader deployment of the technologies highlighted in this report, thousands of new jobs would be created across the country,” said Dr. Richard Moss, vice president for climate change at World Wildlife Fund.
Last year, the Climate Group said smart IT could reduce global emissions by 15 percent and save $800 billion annually by 2020.