A report released 09/2014 by The Global Commission on Climate and the Economy -a group of former senior government officials advised by some of the world’s leading economists- found that “an ambitious series of measures to limit emissions would cost $4 trillion or so over the next 15 years, an … Continue reading
Category Archives: Economics
Regulations Could Preserve Assets in the $Trillions
April 5, 2016 A 2016 study from the London School of Economics and Political Science argues that regulations to limit carbon emissions could actually help to preserve $trillions in assets.
Impact Of Climate Change On Portfolios
April 5, 2016 A 2015 report from Blackrock Investment Institute analyzing the impact of global warming on portfolios.
Cost of Climate Change
April 5, 2016 This 2010 report from Yale University is widely used by agencies and others to calculate the potential economic damages from climate change.
Financing Climate Change
October 30, 2015 Background At the 2009 Copenhagen Climate Convention an impasse emerged. Nonetheless, wealthy nations finally committed to provide poor nations with $100 billion by 2020. So far, little or no cash has actually been disbursed, and as it now stands the world’s temperature is on track to increase … Continue reading
Remarks Of Secretary Jacob J. Lew On The Economics Of Climate Change
Editor’s note: does not offer a solution to drought. Excerpt of the full transcript …The need for action is clear. The world can either choose to ignore the challenge today and be forced to take more drastic action at greater cost down the road. Or we can make sensible, modest … Continue reading
$60 Trillion Cost Of Global Warming?
The Truth Behind That $60 Trillion Climate Change Price Tag If all the methane off the East Siberian seafloor was released, the fallout would cost $60 trillion—a huge, staggering number. For comparison’s sake, the world’s GDP is $70 trillion. The findings assume that 50 gigatons of methane would be released … Continue reading