A seven-member team at the Economics for Equity and Environment have concluded in The Economics of 350: The Benefits and Costs of Climate Stabilization that quickly reducing the amount of carbon dioxide in the earth’s atmosphere to 350 parts per million would have significant economic costs. But authors Frank Ackerman, Kristin Sheeran and Eban Goodstein say that these costs would, at worst, amount to foregoing less than one year’s normal growth of about 2.5%-3% of GDP. And they would beSource: Daily Kos RSS Feed
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