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There’s a lot of negative news regarding the costs of government efforts to reduce global warming. But scientists in Europe have published research which shows that by focusing on lowering temperatures, rather than on reducing CO2 emissions, sizable cost benefits are achieved.
The researchers, from Germany and the Netherlands,published an article in The Journal Proceedings of the National Academy of Science (PNAS) in which they say they’re confident that global governments stand a 90 percent chance of limiting temperature rises to 2 Celsius (3.6 Fahrenheit) above pre-industrial temperatures if they invest 2 percent of the global gross domestic product (GDP) in climate mitigation packages from 2005 until the year 2100.