Emissions Reduction Costs Less Than Global Warming
November 02, 2021 at 11:48 AM EDT
Established economic models of the cost of curtailing global warming to two degrees Celsius had previously concluded that while there would be a cost to the economy, the cost to reduce emissions would be greater. Modern day economists are now pushing back against the conclusions, saying that those old models used vastly outdated data and fail to accurately account for financial factors involved in global warming costs, reported the Wall Street Journal .