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Climate change inaction will cost trillions: study

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4dsc Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-14-06 08:20 AM
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Climate change inaction will cost trillions: study
So will we do enough soon enough to make a difference?? I say nope!!



Failing to fight global warming now will cost trillions of dollars by the end of the century even without counting biodiversity loss or unpredictable events like the Gulf Stream shutting down, a study said on Friday.
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But acting now will avoid some of the massive damage and cost relatively little, said the study commissioned by Friends of the Earth from the Global Development and Environment Institute of Tufts University in the United States.

"The climate system has enormous momentum, as does the economic system," said co-author Frank Ackerman. "We have to start turning off greenhouse gas emissions now in order to avoid catastrophe in decades to come."

The study said the cost of inaction by governments and individuals could hit 11 trillion pounds a year by 2100, or six to eight percent of global economic output then.

http://news.yahoo.com/s/nm/20061012/ts_nm/environment_climate_dc_2;_ylt=AtpsbFIDZgQJbbhlqTYzb99rAlMA;_ylu=X3oDMTBiMW04NW9mBHNlYwMlJVRPUCUl
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phantom power Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-14-06 06:54 PM
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1. We're already committed to more environmental damage than we can pay for.
All this talk about "avoiding" catastrophe is so many heads in the sand. Of course, it can always get worse if we do nothing. So I advocate trying to change. I just hope that somebody, somewhere is being realistic about the nightmare that we're already committed to.
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4dsc Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-15-06 07:54 AM
Response to Reply #1
2. There are a few
There are a few individuals that are taking steps to avoid this catastrope but not enough I'm afraid.. I believe it would take a WWII style approach with a massive propaganda campaign by the federal government to wake everybody up to global warming but that will never happen..

Its business as usual until the train drives over the cliff!!
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