By a News Reporter-Staff News Editor at Energy Weekly News -- Investigators publish new report on Co2 Emissions. According to news reporting originating in Washington , District of Columbia , by VerticalNews journalists, research stated, "This study assesses the economy-wide impacts of cutting CO2 emissions on the Brazilian economy. It finds that in 2040, the business-as-usual CO2 emissions from energy use and industrial processes would be almost three times as high as those in 2010 and would account for more than half of total national CO2 emissions." The news reporters obtained a quote from the research from World Bank , "The current policy aims to reduce deforestation by 70 percent by 2017 and lower emissions intensity of the overall economy by 36-39 percent by 2020. If the policy were implemented as planned and continued to 2040, there would be no need to cut CO2 emissions from energy use and industrial processes until 2035, as emissions reduction through controlling deforestation would be enough to meet the voluntary carbon mitigation target of Brazil . The study also finds that using the carbon tax revenue to subsidize wind power can effectively increase the country's wind power output if that is the policy priority." According to the news reporters, the research concluded: "Further, it finds evidence supporting the double dividend hypothesis, i.e., using revenue from a hypothetical carbon tax to finance a cut in labor income tax can significantly lower the GDP impacts of the carbon tax." For more information on this research see: Economic implications of reducing carbon emissions from energy use and industrial processes in Brazil . Journal of Environmental Management , 2013;130():436-446. Journal of Environmental Management can be contacted at: Academic Press Ltd- Elsevier Science Ltd , 24-28 Oval Rd , London NW1 7DX, England . ( Elsevier - www.elsevier.com ; Journal of Environmental Management - www.elsevier.com/wps/product/cws_home/622871 ) Our news correspondents report that additional information may be obtained by contacting Y.H.H. Chen, World Bank , Washington, DC 20433, United States . Additional authors for this research include G.R. Timilsina and F. Landis. Keywords for this news article include: Oil & Gas, Washington , Wind Energy, United States , Co2 Emissions, Deforestation, Carbon Dioxide, Climate Change, Global Warming, Greenhouse Gases, District of Columbia , North and Central America Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2014, NewsRx LLC
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