BBC reports:
A report by economist Sir Nicholas Stern suggests that global warming could shrink the global economy by 20%. But taking action now would cost just 1% of global gross domestic product, the 700-page study says. Tony Blair said the Stern Review showed that scientific evidence of global warming was “overwhelming” and its consequences “disastrous”.
A report by economist Sir Nicholas Stern suggests that global warming could shrink the global economy by 20%.
But taking action now would cost just 1% of global gross domestic product, the 700-page study says.
Tony Blair said the Stern Review showed that scientific evidence of global warming was “overwhelming” and its consequences “disastrous”.
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Global Warming Price Tag – $7 Trillion
BBC reports: