No further action on climate change could cost billions, EU says
Brussels (UPI) Jun 25, 2013 - Climate damage to the European Union could cost more than $200 billion if no further action is taken, a European analysis published Wednesday finds. A Wednesday report for the European Commission's Joint Research Center finds that if global temperatures increase as expected, the economic costs could amount to a net welfare loss of 1.8 percent of the current gross domestic product for th ... more
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