Some benefits and costs from the UK climate change report

Environmental Economics
Posted: October 31st, 2006 by Thomas L. Knapp
Author: John Whitehead

“The subtitle over at the Daily Grist, ‘Ignoring climate change far more expensive than fighting it, says British report,’ got me wondering (the guesses below aren’t from the UK report, which I haven’t even glanced at yet … it’s more fun to speculate than to actually inform oneself): That 20% of global GDP cost estimate sounds on the high side. Let’s go with the low-end number given uncertainties (and no, I’m not a AGW-hater) and then we’ll work our way to an increasing cost scenario …” (10/31/06)

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