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October 08, 2007

The Cost of Treating Global Warming

Bill McKibben expresses the conclusions of the IPCC report -- a report "compiled by 168 lead authors, 84 contributing authors, and 485 expert peer reviewers, spanning a huge variety of relevant disciplines" -- quite well:

the IPCC team made it clear in their May report that it was not only feasible to make these changes but economically possible as well. They calculated that if we made this energy transition, the economy would grow very slightly more slowly than before -- about 0.12 percent more slowly annually, or 3 percent total by 2030. In other words, our children would have to wait until Thanksgiving 2030 to be as rich as they would otherwise have been on New Year's Day of that year.

October 8, 2007 | Permalink

Comments

So because of these... these climate change do-gooders, the summer of 2030 will not only be cooler than it could've been if we kept polluting, we'll have less money to spend on beach accessories and the like.

I'm totally suing somebody over this. Who's with me?

Posted by: Lucy | Oct 8, 2007 3:28:04 AM

What the hell are you doing awake? At least I have the excuse of being paged...

Posted by: Nicholas Beaudrot | Oct 8, 2007 4:43:43 AM

Actually I'm Australian and I was lying about the summer part. Just trying to fit in, really.

Posted by: Lucy | Oct 8, 2007 6:22:57 AM

thanks for informations...

Posted by: minik peri | Oct 8, 2007 7:10:15 AM

This is misleading. It is true that the ipcc report was "compiled by 168 lead authors, 84 contributing authors, and 485 expert peer reviewers, spanning a huge variety of relevant disciplines". The ipcc summary, however, from which the conclusion is actually taken, was written by a handful of people.

Posted by: pimp hand strikes! | Oct 9, 2007 4:03:51 AM

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