Ronald Bailey Finds that Slowing Climate Change Costs About the Same As Adapting to It

The Intergovernmental Panel on
Climate Change has issued reports that look at the costs of trying
slow future climate change and the costs of adapting to it by 2100.
Reason science correspondent Ronald Bailey runs the
numbers and finds that the IPCC’s projected losses to incomes from
doing nothing to slow climate change appear to be roughly
comparable to the losses incurred by trying to slow climate change.
In other words, doing nothing about climate change will cost future
generations roughly the same as doing something.

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