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Post a reply || Back to Recent Articles Failure to Tackle Global Warming Could Cost Trillions
Message: LONDON, England, October 13, 2006 (ENS) - The world economy could suffer a $20 trillion hit by century's end if governments fail to address global warming, according to new report by two American economists. The report, released today, warns the figure - equal to six to eight percent of projected global economic output in 2100 - is likely an underestimate because it does not account for the cost of biodiversity loss or of unpredictable events such as extreme weather or the collapse of the Gulf Stream. Replies to this post No replies yet |
