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Air Pollution Seen Costing Trillions to Save Millions, IEA Says

  • Energy agency calls for setting international air-quality goal
  • Eighty percen of cities that monitor levels fail WHO standards
Steam is vented through exhaust stacks at Great River Energy Coal Creek Station coal fueled power plant in Underwood, North Dakota, U.S., on Thursday, Feb. 9, 2012. The power plant, located adjacent to the Great River Energy Blue Flint Ethanol plant, sends what would be waste heat from the power plant to the ethanol plant to dry distillers grains, the remaining solids following ethanol production.
Photographer: Daniel Acker/Bloomberg

Air pollution will continue rising in the next decades unless nations around the world invest trillions in cleaner energy and emissions controls, the International Energy Agency said.

The Paris-based agency is calling for governments to adopt a strategy to cut pollutants by half, a plan that would add about 7 percent to the total energy investment needed through 2040, according to a report Monday. That includes $4.8 trillion for advanced pollution control and accelerating the transformation of the energy industry.