Fighting CC Pays Economic Benefits
Aggressive Action Against Climate Change Benefits Earth & Economy Source: Images of Climate Change New Science A study published in the scientific journal Nature finds that if nations don't adhere to the 2015 Paris Agreement to keep global warming below 2 degrees Celsius and significantly cut CO2 emissions, the global economy will loose at least $150 Trillion to as much as $792 Trillion by the end of the century. Co-author of the study Biying Yu of the Beijing Institute of Technology says the general consensus in the global academic community is that climate change may lead to a global catastrophe with huge socio-economic loses. Unfortunately, most of the 190 nations that signed the Paris Accords are falling far short of their commitments. Calculating A Green Future Yu and her team found that if nations optimally cut their CO2 emissions, net global economic benefits would range from $127 trillion and $616 Trillion by 2100. The dollar figures are derived from climate change