If this country decides to do nothing to change our energy consumption, it will wind up costing us.¬†Researchers at Tufts University, who were commissioned by the Natural Resources Defense Council, has two ways to¬†look at the cost of global warming. A comprehensive estimate using a computer¬†modeling system puts the price tag of inaction at $3.8 trillion dollars annually by 2100.
The group took at more detailed¬†look at¬†four industries¬†heavily affected by¬†global warming to determine an estimated cost of inaction. Hurricane damages could cost¬†$422 billion. Possible real estate losses, due to rising sea level and weather damages,¬†could be¬†$360 billion. The¬†projected cost of energy increases is $141 billion. And¬†last¬†but not least, $950 billion dollars to pay for the water that we will need to survive.
This totals up to¬†$1.9 trillion dollars. The amount¬†is currently 1.8 percent of the United State’s GDP.
All these numbers would be a little depressing, if there was nothing we could do to change the future. Through the use of renewable energy, and cutting back on waste, every person can help to define a new future for the United States and the world.
(Photo credits: satellite picture, smokestacks, NASA; Office of Sherrod Brown; 350.org; wind turbines, DOE; polar bears, Scott Schliebe/USFWS; polluted beach, Claire Fackler/NOAA National Marine Sanctuaries; trash, Andrea Booher/FEMA)
Copyright C 2009 Green Right Now | Distributed by Noofangle Media