Saturday, March 29, 2014

At U.N. Climate Talks, Many Seek Sterner Warnings of GDP Losses

(Credit: Vladimir Weiss/Bloomberg) Click to enlarge.
Many governments want sterner warnings of probable economic damage from global warming in a draft U.N. report due on Monday, saying that existing estimates of trillions of dollars in losses are only part of the picture.

A final draft before talks this week among governments and scientists in Japan projected that warming would cut economic output by between 0.2 and 2.0 percent a year by damaging human health, disrupting water supplies and raising sea levels.

But many countries reckon that is an underestimate because it excludes risks of catastrophic changes, such as a runaway melt of Greenland's ice, collapse of coral reefs or a drying of the Amazon rainforest that could cause massive economic losses.

At U.N. Climate Talks, Many Seek Sterner Warnings of GDP Losses

No comments:

Post a Comment