Pew Says Arctic Ice Melt to Cost $2.4 Trillion

Experts Say Estimating Dollar Cost of Global Warming Devilishly Complex

On one hand, it is a very, very round number — obviously just a rough and imperfect estimate of the economic impacts of an enormously complex and often unpredictable jumble of warming Earth climate systems.

The financial cost to the world economy of a warming and melting Arctic, due to human induced greenhouse emissions over the next 40 years, will add up to at least $2.4 trillion, according to a study by the Pew Environment Group.

That’s a 24 followed by 11 zeroes.

To get this figure, Pew researchers accumulated and combined estimates of the monies, both public and private, that will be spent — or lost — as the rising global heat brings drought to fields, new demands on energy plants, migration away from sea shores (prompted by what some studies estimate could be at least a 4-foot rise in sea levels this century), infrastructure and trade losses due to severe flooding as well as insurance losses related to all of these.

Full Story Pew Says Arctic Ice Melt to Cost $2.4 Trillion – ABC News.

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    If we don't change our ways soon...

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