
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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Of course, the philosophical question is do we draw the line now that we know? After all, there weren't a lot of environmental impact reports for America's industrial revolution for 100-120 years ... or why there are denuded areas in Europe but after burning up and using all their lumber, it triggered a worldwide search for more resources ... which some people automatically decry but really - how else does progress move forward?