RealNews

No climate action may spark economic crisis-report

Ignoring climate change could lead to economic upheaval on the scale of the 1930s Depression, underlining the need for urgent action to combat global warming, a British report on the costs of climate change said. The report by chief British government economist Nicholas Stern, a 27-page summary of which was obtained by Reuters, says the benefits of determined worldwide steps to tackle climate change would greatly outweigh the costs. Full Story

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