Monday, October 30, 2006

Climate Change report from Britain

British Prime Minister Tony Blair stated today:
"...what is not in doubt is that the scientific evidence of global warming caused by greenhouse gas emissions is now overwhelming. It is not in doubt that if the science is right, the consequences for our planet are literally disastrous. And this disaster is not set to happen in some science fiction future, many years ahead, but in our lifetime." Read his full comments online.

These comments are brought about in part by the Stern report, which was written to examine the economic effects of climate change on the world. This report's summary "estimates that if we donĂ‚’t act, the overall costs and risks of climate change will be equivalent to losing at least 5% of global GDP each year, now and forever. If a wider range of risks and impacts is taken into account, the estimates of damage could rise to 20% of GDP or more." This would beequivalentt to the Great Depression.

Want to know what the American press is saying about the report? Check out the Washington Post's "Global Warning Could Devastate World Economy, Report Says." Want to know what the British press is saying? Check out the BBC's "Climate costs: The global picture."

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