Article E407 Benefits far outweigh costs of tackling climate change, says LSE study

Benefits far outweigh costs of tackling climate change, says LSE study

by
Katie Allen
from on (#E407)

Improved air quality, energy efficiency and energy security, plus falling cost of renewables among extra gains of reducing global emissions, says Fergus Green

The economic benefits for a country from tackling climate change easily outweigh the costs, according to a study that seeks to highlight the incentives for individual nations to take urgent action to cut emissions.

Countries stand to gain more than they would lose in economic terms from almost all of the actions needed to meet an agreed global warming limit of no more than 2C above pre-industrial levels, according to the paper published by two research institutes at the London School of Economics.

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