The Green Files > Climate Change Risks Could Cost Nations nearly 20% of GDP ...
[Environmental Leader] While one study shows that climate change risks could cost nations nearly 20 percent of their GDP by 2030, another one indicates that some countries including Mexico and Argentina are leading the way to a low-carbon economy.
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[The Edit: WFPL's Gabe Bullard blogs the news] Climate Change Could Cost Us « The Edit: WFPL's Gabe Bullard blogs ...: “If current development trends continue to 2030, the locations studied will lose between 1 and 12 percent of GDP as a result of existing climate patterns, with low income populations such as small-scale farmers in India and Mali losing an even greater proportion of their income. Within the next 20 years, climate change could worsen this picture significantly: in the locations studied, a scenario of high climate change would increase todays climate-related losses by up to 200 percent as soon as 2030…
[MasterResource] Even the Generals are Worried! Mission Creep, Climate Change, and ...: (1) The strange-bedfellow coalition of defense hawks and eco-warriers is based not on sound national security arguments but on a convergence of political interests. For defense hawks, the alleged climate crisis facilitates mission creep by providing an open-ended rationale to expand DOD programs, activities, capabilities, and the appropriations to fund them. For green groups, partnership with defense and intelligence big wigs builds their already formidable lobbying machine and gives them cachet with conservatives who generally oppose government meddling in energy markets and Kyoto-style “global governance.”
[Engineering News | Home] R&D investment of at least $100bn needed to fight climate change ...: A 2 °C increase in the worlds temperature levels above preindustrial levels could result in a permanent reduction of between 4% and 5% in yearly per capita consumption in Africa and South Asia, as opposed to minimal losses and an average reduction in world consumption, equal to about 1% of global GDP, in high-income countries, the report pointed out.
[My view on climate change] Bjorn Lomborg's eternal postponement: Stern: “Using the results from formal economic models, the Review estimates that if we don't act, the overall costs and risks of climate change will be equivalent to losing at least 5% of global GDP each year, now and forever.
[Docuticker] Toward a Transatlantic Green New Deal: Tackling the Climate and ...: According to the landmark 2006 Stern Review, failing to take action on climate change will lead to future annual economic losses of 5-20 percent of global GDP, while the annual costs of reducing greenhouse gas emissions to manageable levels would be around 1 percent of global GDP.
[Strategic Risk - Risk News] StrategicRISK - Climate commitments: EIRIS, a UK provider of research into corporate social, environmental and ethical performance, compared the responses to climate change of 300 of the largest FTSE companies. Although the general trend indicated that the majority of companies in the group had some kind of climate change policy, many of which contain emissions reduction targets, the report stated that much more needs to be done.
[Paul Gilding] The Parallel Universes of Climate Change. Where do you live ...: When Hitler invaded Poland, did Winston Churchill order an economic modelling exercise to understand the implications of spending over a quarter of GDP on the war effort? When Pearl Harbour was bombed, did US industry argue we shouldnt over-react, that America shouldnt respond until there was a global agreement to act so as to avoid a disproportionate share of the cost?
[Imagine Durban Blog] Imagine Durban: The production of maize, South Africa's staple food, could drop by as much as 30 percent in another two decades as climate change brings more intense droughts, but little is known about how this will affect farmers.
[The Rates Blog] Blogging On Interest Rates, Economics & Business in New Zealand: Further clues on NZs fundamental outlook will come from todays Q2 manufacturing data - one of the last partial indicators to feed into our Q2 GDP forecasts. The manufacturing sales headline wont mean a lot, but once the economists have adjusted sales for the change in inventories were expecting a modest drop in manufacturing value-added (reflecting a general shrinkage in the sector and a decline in meat slaughtering).
[Intellectual Property Watch] Intellectual Property Watch » Blog Archive » UN Climate Report ...: Intellectual Property Watch subscribers receive exclusive access to stories published on the website under password protection, plus the Intellectual Property Watch monthly edition, a 16-page selection of the most important stories and features, including the People column and News Briefs section not available anywhere else. These columns contain the latest on personnel changes in the international IP community, and items on IP policy news and reports from around the world.
[Breaking News] Climate change may reduce South Asia GDP 4-5 percent: World Bank: BONN - Officials from 182 countries Tuesday started their second reading of a draft global agreement to combat climate change, while delegates admitted in private and NGOs charged in public that no progress was being made. The negotiators gathered here to advance the draft stuck to their old positions, said Srinivas Krishnaswamy of the NGO Greenpeace India, with industrialised countries "offering very little beyond their old Kyoto Protocol commitments and developing countries saying nothing about the action they will take" to mitigate emissions of greenhouse gases (GHG).
[The Great Debate] The Great Debate (UK) » Debate Archive » We Need a Fresh Approach ...: I think its instructive to quote one of the Expert Panel members, Nobel Laureate economist Thomas Schelling, who said that “climate engineering has great promise. Even if one approaches it from a skeptical viewpoint, it is important to invest in research to identify the limitations and risks of this technology sooner rather than later.” In other words, regardless of your starting point about this technology - whether you are optimistic or pessimistic or plain cynical - theres a really strong argument to start researching it now.
[Breaking News] France's Sarkozy calls for 'revolution' in measuring economic ...: Sarkozy names team to guide French bond issuePARIS ” French President Nicolas Sarkozy assigned a leading conservative and leading Socialist on Monday to figure out how to spend money from an exceptional government bond issue meant to stimulate the recession-hit economy. Sarkozy named former prime ministers Alain Juppe and Michel Rocard to work out the priorities for the "exceptional investment effort to prepare France's future."Last month Sarkozy announced plans for a bond issue designed to boost investment in the French economy, suffering its worst recession in 30 years.
[Marketing & Strategy Innovation Blog] Are We Free to Pollute the Atmosphere? Climate Change, Wealth and ...: Are we unable to buck up and face the tasks ahead knowing that perhaps, and just perhaps, there will be some sacrifice involved, along with building a new energy economy, the basis of a more sustainable new economy? The gains are surely greater than the losses but we will over the next period of months and years hear again and again about the how terrible and dangerous the sacrifices that we will make will be.
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