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The Sticky Truth about Economic Growth and Climate Change
2016-08-04 12:37:00| Climate Ark Climate Change & Global Warming Newsfeed
Scientific American: That averting climate change will save us money should be a tautology, but for reasons including entrenched interests, it is not. The pre-cautionary principle alone would tell us that we do not want to learn what costs climate change will incur, so better to pay a small premium to avoid the risk at all. Instead, calculated estimates pin the cost of avoiding catastrophic effects from climate change at something like 1% of global GDP. So who will pay for it, and who loses from a more sustainable economy?...
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Category:Electronics and Electrical