On 11 Apr 2007, at 20:37, Dan Minette wrote:

>
> But, large areas of the world will benefit from the warming too.   
> Siberia
> and Canada will become vast areas in which a lot of food can be  
> grown.  I've
> seen costs in the 10 trillion dollar range for global  
> warming....over the
> next 100 years.  While high, it's not as high as 50  
> trillion.....which would
> have to be spent over a much shorter period of time.
>
> Why wouldn't society just adapt?  We both know that global warming  
> won't hit
> in one day, month, year, or even decade.  It will be a drain on the  
> world
> economy, but I don't see how it would cause social collapse.

According to a summary of the Stern Review

http://www.hm-treasury.gov.uk/Independent_Reviews/ 
stern_review_economics_climate_change/sternreview_index.cfm

published in The Grauniad

http://environment.guardian.co.uk/climatechange/story/0,,1935211,00.html

"· The benefits of strong, early action considerably outweigh the costs.
· Unabated climate change could cost the world at least 5% of GDP  
each year; if more dramatic predictions come to pass, the cost could  
be more than 20% of GDP.

· The cost of reducing emissions could be limited to around 1% of  
global GDP; people could be charged more for carbon-intensive goods.

· Each tonne of CO2 we emit causes damages worth at least $85, but  
emissions can be cut at a cost of less than $25 a tonne.

· Shifting the world onto a low-carbon path could eventually benefit  
the economy by $2.5 trillion a year.

· By 2050, markets for low-carbon technologies could be worth at  
least $500bn.

· What we do now can have only a limited effect on the climate over  
the next 40 or 50 years, but what we do in the next 10-20 years can  
have a profound effect on the climate in the second half of this  
century."



-- 
William T Goodall
Mail : [EMAIL PROTECTED]
Web  : http://www.wtgab.demon.co.uk
Blog : http://radio.weblogs.com/0111221/

"You are coming to a sad realization. Cancel or Allow?"


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