Climate damages by 2050 will be 6 times the cost of limiting warming to 2 Ars Technica
News Source : Ars Technica
News Summary
- Researchers look at how local economies have responded to the last 40 years of warming
- They find that we're already committed to warming that will see the growth of the global economy undercut by 20 percent
- That places the cost of even a limited period of climate change at roughly six times the estimated price of putting the world on a path to limit the warming to 2° C
66Almost from the start, arguments about mitigating climate change have included an element of costbenefit analysis Would it cost more to move the world off fossil fuels than it would to simply t [+4038 chars]
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