Photo Credit:Fair Use [17 U.S.C. § 107]

The Quadrillion Dollar Cost of Climate Inaction

21 Mar 2024 | Abstracted from Climate Policy Initiative

"Putting a price on each year of delayed climate action is critical for the public and decision-makers to understand the scope and urgency of the climate crisis. Concrete figures and projections can urge policymakers to act more effectively than metaphors of burning homes...

"These needs are dwarfed by the increased social and economic costs that will be incurred under business-as-usual (BAU) warming scenarios (which CPI estimates to be at least USD 1,266 trillion) and will only worsen the longer action is delayed.

ADDITIONAL RELATED NEWS LINKS

• Why Big Oil Is Urging Trump Not to Pull Out of the Paris Accord


• New Study Debunks Common Misconception About Economic Growth In Coming Decades: 'This Is A Significant Breakthrough'


• Big Oil Told 70 Years Ago That Fossil Fuel Emissions Could Impact 'Civilization'


• As Renewables Rise, The World May Be Nearing A Climate Turning Point


• Green Upskilling Must Be Priority At COP29 To Reach Climate Goals


• Plea To Australian Electric Car Owners Ahead Of Expected 'Hottest Summer On Record'


• COP29: Pay Up Or Face Climate-Led Disaster For Humanity, Warns UN Chief


• US Workers Must Increase 'Green Skills' To Keep Pace With Sustainability Targets


• Spain's 'Monster' Floods Expose Europe's Unpreparedness For Climate Change


• Authoritarianism Is On The Rise. Is Climate Change To Blame?