Global Warming

September 30, 2011, 7:42 am
Global Warming Could bell Canada Billions, Study Warns
By IAN AUSTEN

A report by an consultative board to the authorities of Canada estimates that the effects of global warming go away cost the countrys economy 5 one thousand thousand Canadian dollars a year by 2020 and that those costs provide rise substantially afterward.
Unlike earlier studies, the report does non examine the costs of reducing nursery gas emissions; it looked at the economic consequences of global warming.
The costs we could incur from climate castrate are the costs of continuously adjusting to changing conditions, the advisory board, the field of account Round Table on the Environment and the Economy, said. Although harder to calculate and slight immediately apparent, they are real and significant and bear understanding.
The studys authors â€" a committee of academics, business executives and environmentalists â€" conclude that even with immediate and substantial action on reining in greenhouse gas emissions, Canadas economy will not neglect significant climate-change costs. Those will range from effects on gardening and forestry to rising health care costs in cities and fill up in coastal areas.





The study ran several different data processor models and concluded that depending on the rate at which the planets temperature increases, the cost to Canada could reach 21 one thousand million to 43 billion dollars a year by 2050.
Our estimates demonstrate the potential subdue of the economic challenge facing Canada from climate change, the study said. They foreground the importance of investing in strategies to adapt to the damages we are likely to incur over the next few decades.
Since assuming power in 2006, Canadas current Conservative government has abandoned the countrys earlier commitments to reducing greenhouse gases and adopted less wishful targets. Many environmentalists argue that it has not introduced policies that will allow it to achieve even the less ambitious goals it has set.
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