White House: Waiting To Act On Global Warming A Costly Mistake

According to a new report released Monday by the White House Council on Economic Advisors, delaying cuts in greenhouse gas emissions to stem global warming would cost significantly more than taking such actions now. The report says the cost of hitting a specific climate target increases, on average, by approximately 40% in today's dollars for each decade that the U.S.--and the world at large--delays such actions.
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