Aug 16, 2008
Forget what it’s going to cost us to put the brakes on global warming. Let’s look at what it’s going to cost us not to. Since October 2007, the Center for Integrative Environmental Research (CIER) at the University of Maryland has been publishing national, regional, and, now, state-level studies that assess “The U.S. Economic Impacts of Climate Change and the Costs of Inaction.” The bottom line: Climate change will affect the entire country, although unevenly among various regions; its negative aspects will outweigh the positive ones; and it’s going to cost us, through increased public budgets, higher prices, reduced income, and job losses.
The past is prologue, and the reports base many of their estimates of coming hardships on the patterns that have already begun to develop, patterns involving demonstrably and alarmingly higher temperatures, increased wildfires, droughts, flooding, and other extreme weather conditions. CIER makes two overarching recommendations: Set a national policy to immediately decrease greenhouse gas emissions coupled with a plan to adapt to unavoidable impacts; and set up regional and sector-specific studies to guide climate policy and investments, then make those investments by setting free “the intellectual power of the nation’s universities and [research] labs.”
Then hope it’s not too late.
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