Report Tallies Cost of Delaying Action on Climate Change | Zendy

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Report Tallies Cost of Delaying Action on Climate Change

Author(s) -

Showstack Randy

Publication year - 2014

Publication title -

eos, transactions american geophysical union

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.316

H-Index - 86

eISSN - 2324-9250

pISSN - 0096-3941

DOI - 10.1002/2014eo310004

Subject(s) - damages , climate change , natural resource economics , global warming , economic cost , environmental science , action (physics) , economics , political science , ecology , neoclassical economics , law , biology , physics , quantum mechanics

Delaying the implementation of mitigation policies to stem climate change could significantly increase economic damages, according to a 29 July White House report. A delay that results in a warming of 3°C above preindustrial levels, instead of 2°, “could increase economic damages by approximately 0.9 percent of global output,” the report states.

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