The economic cost of climate change: time for new math
27 Jan 2015

By DELAVANE DIAZ.- Climate change is as much an economic problem as an environmental one. The effects of climate change, such as damage from more severe weather or health problems from higher temperatures, will impose a cost on society.
On the other hand, moving away from a fossil fuel-based energy system will require significant investments into low-carbon technologies. How does society determine which efforts are most cost-effective?
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