A.N.N. Article

Stopping Climate Change Is Much Cheaper Than You Think

STOPPING CLIMATE CHANGE IS MUCH CHEAPER THAN YOU THINK

By James West

April 5, 2012


MOTHER JONES

 

You've heard it before: Politicians say they'd love to take action against climate change, but they're reeling from the sticker shock. Today, a new report from the United Kingdom's leading climate change watchdog refutes the oft-cited argument that climate action will herald economic Armageddon.

The Committee on Climate Change (CCC) report, with the hairy-sounding title "Statutory Advice on Inclusion of International Aviation and Shipping," says that in 2050, the UK's emissions reductions across the whole economy will cost 1 to 2 percent of the total GDP. This updates, in greater detail, the range predicted half a decade ago by the watershed Stern Review.

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