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Global warming - reloaded [message #228650]

Mon, 30 October 2006 03:14

Goztow
Messages: 9738
Registered: March 2005
Location: Belgium

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Goztoe

http://uk.news.yahoo.com/27102006/323/global-warming-cost-20 -percent-gdp-british-cabinet-told.html

Quote:

Global warming could cost 20 percent of GDP, British cabinet told

LONDON (AFP) - Lack of action by the world over climate change could cost countries up to a fifth of their gross domestic product, a former World Bank chief economist told the British cabinet, The Independent reported.

Nicholas Stern told Prime Minister Tony Blair and his cabinet colleagues on Thursday, in a preview of a report he is due to deliver on Monday on the economic consequences of climate change, that it would cost the world one percent of its annual GDP to fight off global warming.

Doing nothing, however, would cost between five and 20 times that amount.

The contents of Stern's report, commissioned by the British finance ministry, have been kept secret since being revealed to the world's environment ministers at a conference in Mexico earlier this month.

"He left no one in any doubt that doing nothing is not an option ... And he stressed that the need for action was urgent," an unnamed civil service source told the newspaper.

The Independent said that the finance ministery hoped Stern's report would turn the tide of public opinion in the United States, and dispute the American government's assertion that cutting carbon emissions was bad for economic growth.

"Its biggest impact could be on public opinion in America, which is like turning around a tanker," an unidentified official said to the newspaper.

Meanwhile, The Financial Times reported on Friday that the report would propose a large expansion in the market for trading carbon emissions in an effort to slow the growth of emissions around the world.

Big polluters would be able to cut emissions to the level of credits they held, buy new credits in the market, or earn new credits by investing in carbon-efficient technologies in developing countries.

Keep saying it's a natural cycle, Bush! Sarcasm

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[Message index]

		Global warming - reloaded By: Goztow on Mon, 30 October 2006 03:14
		Re: Global warming - reloaded By: bandie63 on Mon, 30 October 2006 07:14
		Re: Global warming - reloaded By: cheesesoda on Mon, 30 October 2006 07:47
		Re: Global warming - reloaded By: Goztow on Mon, 30 October 2006 08:06
		Re: Global warming - reloaded By: jnz on Tue, 31 October 2006 05:33
		Re: Global warming - reloaded By: Goztow on Tue, 31 October 2006 05:53
		Re: Global warming - reloaded By: IronWarrior on Tue, 31 October 2006 08:07
		Re: Global warming - reloaded By: jnz on Thu, 02 November 2006 16:04
		Re: Global warming - reloaded By: puddle_splasher on Wed, 08 November 2006 03:27
		Re: Global warming - reloaded By: noitallgz on Fri, 08 December 2006 19:37
		Re: Global warming - reloaded By: xptek on Mon, 30 October 2006 15:26
		Re: Global warming - reloaded By: Dave Anderson on Mon, 30 October 2006 08:04
		Re: Global warming - reloaded By: cheesesoda on Mon, 30 October 2006 09:22
		Re: Global warming - reloaded By: Goztow on Mon, 30 October 2006 14:49
		Re: Global warming - reloaded By: PlastoJoe on Mon, 30 October 2006 16:13
		Re: Global warming - reloaded By: cheesesoda on Mon, 30 October 2006 16:19
		Re: Global warming - reloaded By: Berkut on Mon, 30 October 2006 19:04
		Re: Global warming - reloaded By: danpaul88 on Mon, 30 October 2006 10:32
		Re: Global warming - reloaded By: warranto on Mon, 30 October 2006 11:01
		Re: Global warming - reloaded By: Renerage on Mon, 30 October 2006 11:31
		Re: Global warming - reloaded By: warranto on Mon, 30 October 2006 15:04
		Re: Global warming - reloaded By: IronWarrior on Mon, 30 October 2006 21:36
		Re: Global warming - reloaded By: xptek on Mon, 30 October 2006 21:49
		Re: Global warming - reloaded By: cheesesoda on Mon, 30 October 2006 15:29
		Re: Global warming - reloaded By: xptek on Mon, 30 October 2006 15:30
		Re: Global warming - reloaded By: xptek on Mon, 30 October 2006 15:31
		Re: Global warming - reloaded By: PlastoJoe on Mon, 30 October 2006 21:19
		Re: Global warming - reloaded By: Goztow on Tue, 31 October 2006 01:26
		Re: Global warming - reloaded By: warranto on Tue, 31 October 2006 08:26
		Re: Global warming - reloaded By: Aprime on Tue, 31 October 2006 14:07
		Re: Global warming - reloaded By: cheesesoda on Tue, 31 October 2006 14:21
		Re: Global warming - reloaded By: Aprime on Tue, 31 October 2006 16:03
		Re: Global warming - reloaded By: futura83 on Thu, 02 November 2006 16:09
		Re: Global warming - reloaded By: IronWarrior on Fri, 03 November 2006 19:29
		Re: Global warming - reloaded By: Dave Anderson on Fri, 03 November 2006 19:51
		Re: Global warming - reloaded By: IronWarrior on Fri, 03 November 2006 21:49
		Re: Global warming - reloaded By: Dave Anderson on Sat, 04 November 2006 00:08
		Re: Global warming - reloaded By: IronWarrior on Sat, 04 November 2006 06:55
		Re: Global warming - reloaded By: Dave Anderson on Sat, 04 November 2006 07:52
		Re: Global warming - reloaded By: IronWarrior on Sat, 04 November 2006 14:56
		Re: Global warming - reloaded By: Sniper_De7 on Sat, 04 November 2006 08:27
		Re: Global warming - reloaded By: Goztow on Sat, 04 November 2006 03:57
		Re: Global warming - reloaded By: Dave Anderson on Sat, 04 November 2006 04:04
		Re: Global warming - reloaded By: Dave Anderson on Sat, 04 November 2006 08:30
		Re: Global warming - reloaded By: xptek on Sat, 04 November 2006 12:54
		Re: Global warming - reloaded By: Dave Anderson on Sat, 04 November 2006 14:01
		Re: Global warming - reloaded By: Dave Anderson on Sat, 04 November 2006 15:07
		Re: Global warming - reloaded By: IronWarrior on Sun, 05 November 2006 11:04
		Re: Global warming - reloaded By: Dave Anderson on Sun, 05 November 2006 16:53
		Re: Global warming - reloaded By: IronWarrior on Sun, 05 November 2006 21:03
		Re: Global warming - reloaded By: Doitle on Mon, 06 November 2006 06:51
		Re: Global warming - reloaded By: Jecht on Mon, 06 November 2006 11:54
		Re: Global warming - reloaded By: reborn on Wed, 08 November 2006 05:07
		Re: Global warming - reloaded By: IronWarrior on Wed, 08 November 2006 10:31
		Re: Global warming - reloaded By: appshot on Sat, 11 November 2006 22:33
		Re: Global warming - reloaded By: U927 on Sat, 11 November 2006 23:03
		Re: Global warming - reloaded By: MexPirate on Sun, 03 December 2006 02:06
		Re: Global warming - reloaded By: xptek on Sun, 12 November 2006 12:34
		Re: Global warming - reloaded By: U927 on Sun, 12 November 2006 16:50
		Re: Global warming - reloaded By: warranto on Tue, 28 November 2006 09:51
		Re: Global warming - reloaded By: SeargentSarg on Tue, 28 November 2006 13:26
		Re: Global warming - reloaded By: ron paul on Tue, 28 November 2006 14:31
		Re: Global warming - reloaded By: Ma1kel on Fri, 01 December 2006 05:49
		Re: Global warming - reloaded By: SeargentSarg on Thu, 30 November 2006 13:12
		Re: Global warming - reloaded By: JPNOD on Wed, 13 December 2006 11:51
		Re: Global warming - reloaded By: Jecht on Thu, 30 November 2006 14:16
		Re: Global warming - reloaded By: Goztow on Sun, 03 December 2006 03:38
		Re: Global warming - reloaded By: Berkut on Tue, 05 December 2006 22:02
		Re: Global warming - reloaded By: DarkKnight on Mon, 11 December 2006 10:02
		Re: Global warming - reloaded By: SeargentSarg on Thu, 14 December 2006 13:16
		Re: Global warming - reloaded By: warranto on Thu, 14 December 2006 14:35
		Re: Global warming - reloaded By: DarkKnight on Thu, 14 December 2006 14:39
		Re: Global warming - reloaded By: SeargentSarg on Thu, 14 December 2006 16:08
		Re: Global warming - reloaded By: warranto on Thu, 14 December 2006 16:56

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