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Ocean acidification to cost global economy $1tr by 2100

2014-10-08 10:41:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Ocean acidification will cost the world economy over $1tr annually by 2100, according to a UN report released this week. Changing the composition of the world's oceans will undermine a variety of commercial operations, it said. Published by the United Nations Convention on Biological Diversity, the report warns that various services to the economy provided by the ocean's ecosystem will be compromised by increased acidity due to increased carbon production. Ecosystem services break down into...

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