In December talks in Paris involving more than 200 countries may result in a new agreement aimed at reducing carbon emissions. In the months leading up to the conference, The Economist will be publishing guest columns by experts on the economic issues involved. Here, Damian Tago, of CIRAD Guadeloupe, and Alban Thomas, of the Toulouse School of Economics argue that the human cost of unaddressed climate change means that far more action to halt warming could be cost effective.
CLIMATE change kills. In 2005 the World Health Organisation estimated that climate change caused by human activity claims more than 150,000 lives annually. More recently, the Climate Vulnerability Monitor placed the death toll at around 400,000. Using the Value of Statistical Life proposed by the US Environmental Protection Agency, this represents a cost of more than $3 trillion. Independent of the source, inaction on climate change is expected to increase death and...Continue reading
from Economics http://ift.tt/1HYr6Rw
via IFTTT
No comments:
Post a Comment