$10 to save the planet

The UN's Intergovernmental Panel on Climate Change concluded today that it would cost .12% of the world's domestic product to substantially reduce our collective greenhouse gas emissions.

GDP of the world economy: US$60 trillion

.12% of $60 trillion: $70 billion

Total population of the earth: 6.5 billion

Cost per person to significantly reduce heat-trapping gas worldwide: $10 a year

Cost of saving the planet from droughts, famine, mass flooding, species extinction and rising sea levels: priceless.

Note: I've revised the calculations here. From $110 to $10 per person.

Here's the math: $60 trillion/.0012/6.5 billion = 10 (rounded figures)

Spinning the economic "doom and gloom" of global warming has lost credibility

ThinkProgress has a great piece today outlining the Republican (and their sympathetic media) attempts to frame greenhouse gas emission reduction strategies as devastating to the US economy.

Working Group III Summary: before and after

I am working on a comparison of the Working Group three report released to the public today, with a copy of the draft that was submitted by scientists. Should have it up soon.

In the meantime, attached is copy of the summary as submitted by scientists for negotiation and a copy of the final official summary released today in Bangkok.

A minimum cost for a premium investment

The United Nations Intergovernmental Panel on Climate Change today released its third and final summary on the state of climate change. The report, entitled Summary for Policymakers: mitigation of climate change, outlines what the problem is, how we should be dealing with it and how much it's going to cost.

CNNumbskulls: Beck's flock defrocked

Media Matters does a great wrap here on the scientific and political bona fides of the pack of deniers that Glenn Beck rustled together for his special: Exposed: The Climate of Fear.

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