Wednesday, 4 July 2018

Rising seas could the cost the global economy a staggering $14 trillion a Year by 2100

Rising seas could the cost the global economy a staggering $14 trillion a Year by 2100

Rising sea levels could cost the global economy around $14 trillion annually by 2100 if the 2°C warming limit agreed at the Paris climate talks is breached, according to a study published in the journal Environmental Research Letters. The Paris Agreement proposed to keep the increase in global average temperature to well below 2°C higher than pre-industrial levels in order to mitigate the worst effects of climate change. It also required nations to pursue efforts to limit the increase to 1.5°C, if possible.

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