According to a study published in the scientific journal Nature (and summarized in Time), if climate change continues unchecked, the global average income will be 23% lower in 2100 than it is now. The researchers, Marshall Burke of Stanford University, and Solomon Hsiang and Edward Miguel, both of UC Berkeley, relied on global historical data […]
When thousands of scientists, economists and policymakers meet in Paris this December to negotiate an international climate treaty, one question will dominate conversations: What is the climate worth? A new study published in the journal Nature shows that the global economy will take a harder hit from rising temperatures than previously thought, with incomes falling […]
The cost of inaction: Recognising the value at risk from climate change is a report by The Economist Intelligence Unit (The EIU). The research depicts the scope of assets at risk from climate change from the present to 2100. This innovative achievement draws on a modeling endeavor that combines The EIU’s long-term forecasts with a […]
A global agreement to curb greenhouse gas emissions would prevent nearly 70,000 premature American deaths annually by the end of the century while sparing the country hundreds of billions of dollars’ worth of economic losses, according the latest EPA report. Slowing the carbon build-up in the atmosphere would also prevent severe damage to a wide […]
A number of countries and companies have long worried that the costs of tackling climate change (prevention, mitigation, adaptation, etc.) will be prohibitive, and they would rather deal with the consequences, according to Anup Shah of GlobalIssues.org. He offers the example of Canada pulling out of the Kyoto climate treaty in 2010. Canada cited the […]
If global warming emissions continue to rise unabated, we will see growing costs related to climate change. This fact sheet from the Union of Concerned Scientists (UCS) reports some of the projected damages—to our coasts, our health, our energy and water resources, our agriculture, our transportation infrastructure, and our recreational resources—that will occur in states […]