Why the Green New Deal is cheap, actually
shows that settling for that outcome — rather than a more ambitious limit of 1.5 C — will cost the world $36 trillion in climate damages. Global warming lowers global GDP, according to a 2019co-authored by Cambridge University economists, who project that “a persistent rise in temperature, changes in precipitation patterns and … more volatile weather events” will slow productivity and investment, as well as damage human health.
America has the clean-power technology it needs to transition to a combustion-free economy. The only thing that’s missing, Jacobson says, is political leadership to drive action with the urgency the requires. “You need somebody who really understands the problem,” he says, “and knows you can’t have a half-ass solution.”
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