Inaction on climate change risks leaving future generations $530 trillion in debt

By continuing to delay significant reductions in greenhouse gas emissions, we risk handing young people alive today a bill of up to US$535 trillion. This would be the cost of the “negative emissions” technologies required to remove CO₂ from the air in order to avoid dangerous climate change.

These are the main findings of new research published in Earth System Dynamics, conducted by an international team led by US climate scientist James Hansen, previously the director of NASA’s Goddard Institute for Space Studies.

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