Skip to comments.Climate change could cost more than $100 billion a year
Posted on 03/31/2014 6:21:32 AM PDT by Oldeconomybuyer
Tackling the effects of climate change could cost governments around the world more than $100 billion a year, a United Nations panel of experts said Monday.
A report by the U.N.'s Intergovernmental Panel on Climate Change, says that a temperature rise of 2 degrees Celsius will wipe out up to 2% of the world's income by 2050.
"If we get up to 4 degrees temperature rise, which most scientists now expect would happen if we carry on emitting greenhouse gasses as we do, then the cost could be much more severe," Chris Hope, a climate change researcher at Cambridge University said.
The combined cost of crop losses, rising sea levels, higher temperatures and fresh water shortages could mount of to between $70 and $100 billion a year, the report said.
(Excerpt) Read more at edition.cnn.com ...
Isn’t it an ill wind that blows no good?
How about new opportunities?
The diversionary push is on
global warming fraud to cost world economy trillions.
There, fixed it!
Someone ought to begin stumping for global warming based on all the economic activity it will cause. Even if they do have to rebuild all the beachfront hotels, think like a liberal and think all the jobs it will create. And then there is genuine opportunity like all the newly arable land. Be creative. $100 billion is peanuts. We should reap trillions.
Gov’t could cost Uselss Trillion$ more per annum.
When all the Limousine Liberal Globull Warming alrmists sell their beachfront mansions and private jets for a humble, low carbon footprint lifestyle in the mountains, I will pay attention.
Geez they are just not going to stop...~!!
They keep going as if Global Warming had not been exposed as a FRAUD already...
Democrat talking points.
Sorry CNN, people are just concerned about their medical insurance due to this turd Obamacare not with some obscure international Left-wing money grabbing scheme.
And fruitlessly tilting the c-change windmill will cost at least 10x that.
Cut the cr*p, CNN. The sum total science IQ of your entire staff wouldn’t reach three digits.
Go back to your normal lying and pontificating and leave science to grownups.
Globally we are wasting $100 billion a year on global warming
Climate change isn’t about a real problem, its about expanding the power of government and creating a regulatory and tax environment favoring the large businesses over the smaller ones.
Disband the UN. They are nothing but parasites, sucking the last shriveled dollars out of US taxpayers. We are no longer “the richest country on earth”, thanks to the Democrats’ War on the Middle Class.
“Climate change could cost more than $100 billion a year.”
It’s already cost CNN many millions a viewership slumps.
Lets look at history -
Warm periods - population growth, exploration, scientific discovery
Cold periods - disease, starvation, death
I’m kind of hoping for warm.
The panel of experts is beyond stupid. In fact, the UN is not only stupid it is worthless.