purpletigron: In profile: Pearl Mackie as Bill Potts from Dr Who (Default)
Ah, those ultra-left-wing Scandanavians!

By Alister Doyle, Reuters Environment Correspondent

"Spending to protect the environment, from coral reefs to forests, can bring big returns to aid a worldwide assault on poverty, a U.N.-backed report said on Wednesday. The study, coinciding with a summit of world leaders in New York, even suggested that forests may be more valuable when left standing rather than being cleared for crops because trees can absorb the heat-trapping gases widely blamed for global warming.

"The environment...is not a luxury good, only affordable when all other problems have been solved," said Klaus Toepfer, head of the U.N. Environment Programme (UNEP) which was among 30 international groups behind the report.

The study estimated that annual investments of $60-$90 billion in the environment over 10-15 years were needed to reach a world goal of halving the proportion of humanity living on less than a dollar a day, currently more than a billion people. [...]"
purpletigron: In profile: Pearl Mackie as Bill Potts from Dr Who (Default)
http://releases.usnewswire.com/GetRelease.asp?id=53282

NCPA Study Shows Living With Climate Change is Less Costly, More Beneficial

'Contact: Richard W. Walker of the National Center for Policy Analysis, 800-859-1154 ext. 13 or 214-507-4610 (cell) or richard.walker@ncpa.org

DALLAS, Sept. 14 /U.S. Newswire/ -- Trying to stop global warming imposes huge costs and provides very few benefits, according to a study authored by a Bush Administration analyst and released today by the National Center for Policy Analysis (NCPA).

"Living with global warming costs a fraction of what it would take to stop it," said Indur Goklany, author of the NCPA study. "The costs of trying to prevent global warming far exceed any benefits of doing so for the foreseeable future." [...]'

My comments: [1] Credible analyses of the costs of preventing global climate change, which take into account wealth creation from sustainable technologies, find that it is very affordable. [2] Those who are least financially able to adapt to climate change tend to be those who are most likely to suffer the worst effects.

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