Climate solutions 2: low-carbon re-industrialisation
This report models the ability of low-carbon industries to grow and transform within a market economy. It finds that runaway climate change is almost inevitable without specific action to implement low-carbon re-industrialisation over the next five years. The point of no return is estimated to be 2014. Climate Solutions 2 recognises that every industry has constraints on its ability to grow caused by limitations of resources, technology, capital and the size and skills of its workforce. These limits are measurable and make it possible to calculate, with considerable sophistication, the speed required to re-industrialise the energy and non-energy sectors to create a low-carbon economy in time to prevent runaway climate change.