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China’s co2 emissions set to rise 145% in 20 years
October 30, 2006
The UK governnment will report today on the economic impact of climate change. As a preview, this is one of the early findings from the study conducted by Sir Nick Stern.
Core findings from Stern’s report…
- Climate change could cost the world between 5% and 20% of GDP
- Reducing greenhouse gas emissions and the worst of global warming would cost 1% of GDP
- With no action, each tonne of carbon dioxide we emit will cause at least $85 of damage
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