Climate Inaction Will Cost Trillions of Dollars

Fri, 2006-10-13 08:34Ross Gelbspan
Ross Gelbspan's picture

Climate Inaction Will Cost Trillions of Dollars

While the skeptics unanimously overstate the costs of climate protection, a new study calculates that the costs of climate inaction will cost the global economy trillions of dollars.

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At a time when the rest of the world (for a host of reasons) is shying away from the hydraulic fracturing “boom,” the United States appears to be hell-bent on allowing fracking in every available space. The latest target for the industry has been the already imperiled Gulf of Mexico, the same waters that are still...

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