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Posted Thu Nov 26 2009: from Agence France-Presse:
Climate change to cost trillions, say economists
Estimates vary widely on the costs of damage from climate change, easing these impacts and taming the carbon gas stoking the problem, but economists agree the bill is likely to be in the trillions of dollars. Figures depend on different forecasts for greenhouse-gas emissions and the timeline for reaching them. In addition, key variables remain sketchy. How will rainfall, snowfall, storm frequency and ocean levels look a few decades from now? How will they affect a specific country or region? And how fast will nations introduce low-carbon technologies, carbon taxes and other policies that alter energy use? Despite these uncertainties, economists share a broad consensus: climate change will ultimately cost thousands of billions of dollars, a tab that keeps rising as more carbon enters the atmosphere.
[Read more stories about: anthropogenic change, carbon emissions, global warming, rising sea level]

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'Doc Michael says:
And what's the APR (compounded) on that?
For far less than that amount of $, can't they just PAY us to stay home, chill out, grow our own food and purchase contraception?

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