Energy Firms See No Big Costs From Climate Pact
LONDON (Reuters) - Energy firms do not expect undue financial costs from implementing the Kyoto treaty on global warming, an industry survey by consultants Wood Mackenzie shows.
The Edinburgh-based analysts said the finding showed worries about the price of implementing the pact should not stall efforts to advance the accord at talks in the Hague this week.
Complying with the pact could cost each inhabitant of industrialized countries as little as $1 to $5 per year by 2010.
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