Monday, October 30, 2006

The $7,000,000,000,000 problem

The Globe and Mail reports that a study by the former chief economist of the World Bank Sir Nicholas Stern indicates that the cost of Global climate change could exceed the combined costs of 2 world wars and the great depression combined. He goes on to say that global warming will cost $7-trillion in lost output and could force as many as 200 million people out of their homes because of flood or drought unless drastic action is taken by governments worldwide.

In other news, only 44 years until Canada's new Conservatives finish their consultations on limiting the rate of increase in greenhouse gas emissions. But boy were they tough on in door air quality.

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