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Durban - Nothing short of a new energy industrial revolution is going to hold global warming below 2°C, economist Lord Nicholas Stern said on Monday.
He told reporters at COP 17 in Durban that radical cuts would have to be made in global greenhouse gas emissions.
"The numbers on climate change - if we’re going to have a reasonable chance, at least 50-50, of holding to 2°C - are very clear," Stern said.
"And it’s also clear that they imply that if we’re to achieve the reductions that we have to achieve to get to 2°... those reductions have to be radical, and to achieve it means a new energy industrial revolution."
Stern, author of the landmark Stern Review on the Economics of Climate Change, was speaking a day ahead of the start of high-level political negotiations at the climate change conference.