“Costs Of Climate Change Being Massively Underestimated, Researchers State”



The myriad costs of future climate change are being greatly underestimated, according to a new paper recently published in The Economic Journal.

Written by Nicholas Stern and Simon Dietz of the Grantham Research Institute on Climate Change and the Environment, the report warns that previous estimates on the potential costs of climate change are likely to be very far off the approaching reality — largely as the result of outdated economic models, and ineffective carbon-trading programs that undercharge polluters for their emissions.



About isabellew9873

My name is Isabelle Whitehead. I was a member of the Bolton School group on the Operation Wallacea 2015 expedition to Peru.

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