SSSsshhhh! Don’t tell science-deniers!
The linked analyses shows that a rapid shift to low-carbon won’t be easy, but it would be many times better for the global economy.
But please don’t tell science-deniers — they love the idea of combining the two goals of (a) wasting money and (b) wrecking their own kids’ future!
Failing to shift is beyond incompetent - it’s complicity in slow-motion genocide. The climate crisis currently costs the global economy around US$16 million per HOUR. The economic damage ALREADY locked in is estimated to shrink the global economy by 19% by 2050, and quite possibly by 50% a few decades beyond that. If we fail to act, the results will be catastrophic for the economy and for global security.
https://www.sciencedaily.com/releases/2024/04/240417131138.htm
https://thebulletin.org/2018/06/benefits-of-curbing-climate-change-far-outweigh-costs
https://newsroom.co.nz/2023/04/10/climate-inaction-likely-to-cost-billions-treasury/
“…the global economy could face a 50% loss in GDP between 2070 and 2090, unless immediate policy action on risks posed by the climate crisis is taken. Populations are already impacted by food system shocks, water insecurity, heat stress and infectious diseases. If unchecked, mass mortality, mass displacement, severe economic contraction and conflict become more likely.”
Source: https://actuaries.org.uk/news-and-media-releases/news-articles/2025/jan/16-jan-25-planetary-solvency-finding-our-balance-with-nature/
