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White House report understates impact of climate change

2014-08-07 12:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Hill: The White House last week published an analysis by the Council of Economic Advisers which spells out the large economic costs of delaying action to tackle climate change. But the consequences of global warming could be much greater than the report suggests. It concludes that the price tag for cutting emissions of greenhouse gases, which are the main driver of climate change, will increase by 40 percent if action is postponed for a decade. And the report points out that if the world misses its...

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