Monday, 5 April 2010

Putting a Price Tag on the Melting Ice Caps

Reports about the melting ice caps are distressing, but for the most part climate change remains abstract. The poor polar bear has been trotted out as the tangible face of global warming so often that we're beginning to see "polar bear fatigue." How about bringing the effects of Arctic melt close to home, as in what it will cost? A new study does just that, and the results are alarming, not just for Arctic dwellers but for all of us. According to lead author Eban Goodstein, Ph.D., over the next 40 years Arctic ice melt will take an economic toll of between $2.4 trillion and $24 trillion. Unless we change course — and fast.


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