The War Against Climate Extremism
More news on how that jihadist known as 'The Climate' is planning to attack our society...
AFP: Global warming could cost trillions of dollars
Global warming will cost the world up to seven trillion dollars in the next decade unless governments take drastic action soon, a major report will warn...
...According to the Observer, the Stern report says unchecked climate change would cost up to 3.68 trillion pounds -- more than World Wars I and II and the Great Depression of the 1930s.
It also warns that the world needs to spend about one percent of global gross domestic product -- equivalent to about 184 billion pounds -- on the issue now or face a bill up to 20 times higher than that in future, the paper says.
Stern also calls for a successor to the Kyoto agreement on greenhouse gases to be signed next year, not in 2010 or 2011 as planned, because the problem is so urgent, it adds.
Failure to act quickly would trigger a global recession, he reportedly adds, and calls for an international framework to tackle the issue.
This is hardly a unique finding; similar studies have reached the same conclusion. This is an important concern that has been too easily dismissed as just some environmental issue. It really needs to become a global priority, just as terrorism has. It will require rethinking the way we do many things and may require some early, temporary sacrifices (a switch to biofuels and/or other alternative energies would involve some hefty startup costs, I imagine), but it's an issue we need to think long-term on. We can do this. Let's roll.
Meanwhile, another report on this study also reveals that "The Chancellor will also announce that Al Gore, the former US Vice-President, is to advise him on environmental policy." Well at least one country is making use of his knowledge.
Finally, yet another Bush appointee tells science to buzz off.
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