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Worlds CO2 Plan Poised to Fail, Deutsche Bank Says (Update2)


| Sourced From Bloomberg.com |

Oct. 26 (Bloomberg) — Global plans to slow climate change will probably fail through 2020, and nations will require further cuts equivalent to total yearly emissions in the U.S., Deutsche Bank AG analysts said.

Analysis of 270 climate policies indicate they wont keep emissions from rising in 2020 to levels that exceed what is needed to keep temperatures from advancing 2 degrees Celsius (3.6 Fahrenheit), according to analysts including Mark Fulton, global head of climate change investment research at Deutsche Banks asset-management division.

China and Germany have lower regulatory risk for investors than the U.S. and the U.K., Deutsche Bank said. The analysis found that Italy has the biggest regulatory risk because it may not be strictly enforcing climate policies, Fulton said today on conference call.

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