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ABC 7
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Topic : economics-of-climate-change


Economists say heading off climate disaster now would be affordable

October 6th, 2009

By Barbara Kessler
Green Right Now

Opponents of climate change action say we can’t afford to spend the billions it will take to retool our economy around new energy sources.

But a group of economists says we can’t afford not to.

The network of economists, called Economics for Equity and the Environment Network (E3), says that lowering carbon emissions to 350 parts per million (from the current 400 parts per million) is not just desirable — it is affordable.

[Read more →]

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