JusBringIt
07-15-2009, 08:14 PM
http://www.cleanmpg.com/photos/data/2/AmericanFlag.jpg Cooperation between China and the U.S., responsible for a combined 40 percent of global emissions, “is absolutely fundamental to this whole story,” Stern said. (http://www.bloomberg.com/apps/news?pid=20601130&sid=asw6JvsqaoFI)
http://www.cleanmpg.com/photos/data/501/global_warming1.jpgAlex Morales - BLOOMBERG (http://www.bloomberg.com) - July 15, 2009
And here we are running around in vehicles the size of houses...it's a shame. Hopefully our future generations can forgive us. --Ed.
July 15 (Bloomberg) -- Global warming left unmanaged would “redraw the planet,” and the resulting damage may cost as much as one-fifth of production, Nicholas Stern, the U.K. government’s former chief economist, said in an interview.
Stern said he “probably underestimated” the potential effects of rising temperatures when he published a widely-cited economic study in 2006 that found unabated climate change could cost up to 20 percent of output -- or $11 trillion based on the world’s gross domestic product of $55 trillion in 2007.
“Emissions seem to be increasing faster than we thought and the absorptive capacity of the planet is a bit less than we thought -- I think the dangers are bigger,” Stern said late yesterday in London. “You’re talking about the potential movements of hundreds of millions of people and extended conflict; the destruction of where we can live: rivers change, hurricanes come, sea levels rise.”
Scientists last month said sea levels are rising more quickly than the United Nations estimated just two years ago, with a gain of a meter (39 inches) by 2100 now possible. While 1998 remains the warmest year on record, the average temperature of the 2000s is about 0.2 degrees Celsius (0.36 degrees Fahrenheit) higher than the 1990s, the U.K. Met Office says.
Stern said fighting climate change and poverty are the “defining challenges” this century. Countries need to strike a deal that cuts carbon-dioxide discharges to... http://www.bloomberg.com/apps/news?pid=20601130&sid=asw6JvsqaoFI
http://www.cleanmpg.com/photos/data/501/global_warming1.jpgAlex Morales - BLOOMBERG (http://www.bloomberg.com) - July 15, 2009
And here we are running around in vehicles the size of houses...it's a shame. Hopefully our future generations can forgive us. --Ed.
July 15 (Bloomberg) -- Global warming left unmanaged would “redraw the planet,” and the resulting damage may cost as much as one-fifth of production, Nicholas Stern, the U.K. government’s former chief economist, said in an interview.
Stern said he “probably underestimated” the potential effects of rising temperatures when he published a widely-cited economic study in 2006 that found unabated climate change could cost up to 20 percent of output -- or $11 trillion based on the world’s gross domestic product of $55 trillion in 2007.
“Emissions seem to be increasing faster than we thought and the absorptive capacity of the planet is a bit less than we thought -- I think the dangers are bigger,” Stern said late yesterday in London. “You’re talking about the potential movements of hundreds of millions of people and extended conflict; the destruction of where we can live: rivers change, hurricanes come, sea levels rise.”
Scientists last month said sea levels are rising more quickly than the United Nations estimated just two years ago, with a gain of a meter (39 inches) by 2100 now possible. While 1998 remains the warmest year on record, the average temperature of the 2000s is about 0.2 degrees Celsius (0.36 degrees Fahrenheit) higher than the 1990s, the U.K. Met Office says.
Stern said fighting climate change and poverty are the “defining challenges” this century. Countries need to strike a deal that cuts carbon-dioxide discharges to... http://www.bloomberg.com/apps/news?pid=20601130&sid=asw6JvsqaoFI