Pay climate protection money or else! ‘Inaction on climate change would cost billions’, major EPA study finds
A global agreement to curb greenhouse gas emissions would prevent nearly 70,000 premature American deaths annually by the end of the century while sparing the country hundreds of billions of dollars’ worth of economic losses, according to a major government study on the cost of climate change.
Slowing the carbon build-up in the atmosphere would also prevent severe damage to a wide range of critical ecosystems, from Hawaiian coral reefs that support tourism to shellfish beds off the East Coast, said the report released by the White House on Monday.
The report, a five-year, peer-reviewed analysis that assesses the benefits of alternative strategies for dealing with climate change, concludes that every region of the country could be spared severe economic disruptions that would result if greenhouse gas concentrations continue to soar.