Avoiding Calamity on the Cheap
A much-anticipated study on climate change ordered up by Prime Minister Tony Blair of Britain has attempted to calculate the economic costs of global warming. Though necessarily conjectural, the study warns that if we continue on our current course, atmospheric temperatures could rise four degrees or so in this century, producing a hugely disruptive mix of rising sea levels and withering droughts.
This in turn would drain the world economy of ...
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