Melting Arctic ice called 'economic time bomb'
Researchers put cost at $60 trillion over 10 years, almost equal to entire world economy in 2012CBC News
Posted: Jul 24, 2013 3:19 PM ET
Last Updated: Jul 24, 2013 3:57 PM ET
The rapidly melting Arctic is an “economic time bomb” that will cost $60 trillion or more over the next 10 years, say a group of European economic and science researchers.
That staggering number approaches the $70 trillion value of the entire world economy in 2012, the scientists say in a comment in the journal Nature.
The researchers — Gail Whiteman, of the Rotterdam School of Management at Erasmus University in the Netherlands, Chris Hope of the Cambridge Judge Business School and Peter Wadhams, a professor of ocean physics at University of Cambridge, both in Britain — are urging creation of an economic model for the impact of climate change.
...folks, this World's nutty economists and nutty governments, are destroying us...! and for greed and false money gains...!
...proven, but until it really happens, we won't know the real truth...! World governments and economists are nutty and destroying us all...!