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Missing Climate Goals Could Cost the World $20 Trillion (technologyreview.com)

An anonymous reader shares a report: There are trillions of reasons for the world to prevent temperatures from rising more than 1.5C, the aspirational target laid out in the Paris climate agreement, according to a new study. If nations took the necessary actions to meet that goal, rather than the increasingly discussed 2C objective, there's a 60 percent chance it would save the world more than $20 trillion, according to new work published this week in Nature by scientists at Stanford. That figure is far higher than what most experts think it will cost to cut emissions enough to achieve the 1.5C target. Indeed, one study put the price tag in the hundreds of billions of dollars. If temperatures rise by 3C, it will knock out an additional 5 percent of GDP. That's the entire planet's GDP.

4 of 219 comments (clear)

  1. Re:The End in Nigh... by Topwiz · · Score: 3, Informative

    I would guess that at least 10 billion people will die over the next 100 years, probably more.

  2. Re: Probably start of a new strategy by ClickOnThis · · Score: 4, Informative

    The ozone hole is not bullshit.

    Worldwide action to eliminate CFCs in aerosol cans and refrigerators has done much to alleviate the problem. Success at reducing the problem does not mean the problem was bullshit to begin with.

    --
    If it weren't for deadlines, nothing would be late.
  3. Re:Eh.. by sycodon · · Score: 3, Informative

    More than you'd think

    "How 16 ships create as much pollution as all the cars in the world"

    --
    When Fascism comes to America, it will call itself Anti-Fascism, and tell you to give up your guns.
  4. Actually, over a metre sea level rise by 2100 by UpnAtom · · Score: 3, Informative