"The overall benefit exceeds any potential downside and will continue to do so for at least another 50 or 60 years, "
That might have been true 60 or 70 years ago, but not any more.
Climate Change Is Harming Economy, Report Says
White House Says Urgent Action Needed; Report Details Effects in Every State
A new report from the federal government says changes in the climate are causing harm to Americans and the economy, which has caused billions in damages and will continue to get worse. Alicia Mundy has details.
Updated May 6, 2014 8:40 p.m. ET
Climate change is creating problems for American citizens coast to coast and costing the economy billions of dollars, as extreme weather brings flooding, droughts and other disasters to every region of the country, a federal advisory panel concluded in a report released Tuesday.
The congressionally mandated National Climate Assessment, produced by more than 300 experts overseen by a panel of 60 scientists, pins much of the increase in climate change on human behavior. The report says, however, that it isn't too late to implement policies to reduce emissions of greenhouse gases, such as carbon dioxide and methane, and calls on governments at all levels to find ways to lower carbon emissions, particularly from energy production.
wsj.com
nca2014.globalchange.gov |
