The overarching message of The Economics of Climate Change: The Stern Review was that failing to invest in mitigating climate change would exact an alarmingly high price, estimated between 5% and 20% of global GDP per year.
Abraham Kampalei, a Maasai elder, notes that after four months of drought, the first rains have arrived, but the future remains uncertain as he prays for continued rainfall. He reflects on the pastures he once relied on for his livestock, stating, 'I came here because of the abundance of grass for my livestock to graze. Today, there is almost nothing left of it.'
When lives are assigned a higher dollar value, stricter pollution standards tend to clear the 'economic efficiency' sniff test, resulting in cleaner air. But that improved air quality comes at the expense of America's industrial industries, which have to invest in pricey systems to reduce the amount of these pollutants they spew down to acceptable levels.
At a young age, I learned quickly how oil wealth and power could burn the land while people struggled. I saw heat rise off the streets, the Nile strained, and the air thickened with injustice. In my teenage years, through Aotearoa, being on the edge of the Pacific, I felt the ocean breathing heavy, swallowing the shores of islands that have done the least to cause this harm.
"So whenever people think about hot weather, they always talk about the temperature," he says. "There's two issues with that. First of all, most people don't realise that the temperature is measured in the shade. So if you're in direct solar radiation, the amount of heat stress you're exposed to is much greater as it will stress your body out a lot more."
as the EU's climate advisory board urges countries to prepare for a catastrophic 3C of global heating. Maarten van Aalst, a member of the European Scientific Advisory Board on Climate Change (ESABCC), said the continent was already paying a price for its lack of preparation but that adapting to a hotter future was in part common-sense and low-hanging fruit. It is a daunting task, but at the same time
Absolutely, I have experienced investing in a way that green growth has led to both equitable growth and decarbonization, but also have lived experience of what degrowth can do to a country, and how, in my view, [degrowth] is not really a solution.
Covering Climate Now was formed in 2019 in response to the climate silence that then prevailed in much of the press, especially in the United States. Over the years that followed, hundreds of newsrooms joined our effort, and press coverage of the story began to reflect the scale of the crisis. Newsrooms beefed up their climate reporting teams; they confronted misinformation that sought to play down the problem; they thought creatively about how to find the climate connection on every beat.
There's no hand-waving about how 'We want to cooperate on climate,' " oil historian and S&P Global vice chairman Dan Yergin said in an interview. "It's, 'We're slamming the door on that issue.' " "We've gone from over-indexing it to zero-indexing it.
