Developing and Transferring New Technologies Key to Reducing GHG Emissions, Center for American Progress Says

The Center for American Progress (CAP), a left of center Washington, D.C. think-tank, has published a report asserting that, "The fight against climate change will not be won without a revolution in the use of existing low-carbon technology and a tidal wave of new innovations."

In "Breaking Through on Technology: Overcoming the Barriers to the Development and Wide Deployment of Low-Carbon Technology," the CAP and the Global Climate Network interviewed more than 100 experts from business, government, education, and NGOs in eight countries (Australia, Brazil, China, Germany, India, Nigeria, South Africa, and the U.S.).

A key conclusion, drawn by the CAP, is that "without a firm commitment to develop and transfer new technologies, with industrialized countries taking the lead on financing these endeavors, consensus will be difficult to reach and, in practical terms, emissions will be hard to reduce, at least without unacceptable penalties to human development, social cohesion, and economies well being."