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.

[x]

At 9:35 p.m. on Saturday, May 30, Greeley, Colorado was struck by a 3.4 magnitude earthquake. Earthquakes are highly unusual in eastern Colorado, raising speculation that it was a “frackquake” — a man-made earthquake stimulated by the disposal of contaminated drilling water in deep injection wells. This disposal technique forces wastewater generated from hydraulic fracturing (fracking) deep into underground rock formations, lubricating layers of rock that would not ordinarily be subject to movement.

Earthquakes are so rare in eastern Colorado that the U.S....

read more