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Environmental pledges are being shredded to please agribusiness and appease extremists. It’s a terrible mistake, says environmental writer Arthur Neslen
Existing production destroys more value than it creates due to medical and environmental costs, researchers say
The damage functions in the models, which relate GDP to temperature and sea-level rise, account for impacts on agriculture, forestry, fisheries, floods, road infrastructure, energy supply and demand, and labor productivity. Using this novel approach, the researchers estimate that the avoided damages are 1.5-3.9 times higher than the costs of climate mitigation. In other words, one euro invested in climate solutions saves the world about 1.5 to 4 euros in effects from climate change.
As the world starts to seriously entertain the possibility of commercially mining the deep sea for valuable metals, it’s worth taking a closer look at the claims used to justify its potentially long-lived impacts.
