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David Neild – Fighting Climate Change Is The Cheapest Option We have

Summary:
But new research investigating the future costs of dealing with a warming planet shows just how counterintuitive that way of thinking actually is, because the longer we wait to take action, the more we're going to have to pay in the long run. According to the study's calculations, the cheapest option at this point is to pay what it takes to limit the global temperature rise over the next century to 2 degrees Celsius – the same number that governments committed to with the Paris Agreement. Science Alert David Neild - Fighting Climate Change Is The Cheapest Option We have

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David Neild - Fighting Climate Change Is The Cheapest Option We have

But new research investigating the future costs of dealing with a warming planet shows just how counterintuitive that way of thinking actually is, because the longer we wait to take action, the more we're going to have to pay in the long run.

According to the study's calculations, the cheapest option at this point is to pay what it takes to limit the global temperature rise over the next century to 2 degrees Celsius – the same number that governments committed to with the Paris Agreement.

Science Alert

David Neild - Fighting Climate Change Is The Cheapest Option We have

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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