Prof Wadhams is co-author of the controversial Nature paper which calculated
the potential economic costs of climate change based on a scenario of 50 Gigatonnes (Gt) of methane being released this century from melting permafrost at the East Siberia Arctic Shelf (ESAS), a vast region of shallow - water covered continental crust.
Not exact matches
There is an urgent need to scale up financial flows, particularly financial support to developing countries; to create positive incentives for actions; to finance the incremental
costs of cleaner and low - carbon technologies; to make more efficient use
of funds directed toward
climate change; to realize the full
potential of appropriate market mechanisms that can provide pricing signals and
economic incentives to the private sector; to promote public sector investment; to create enabling environments that promote private investment that is commercially viable; to develop innovative approaches; and to lower
costs by creating appropriate incentives for and reducing and eliminating obstacles to technology transfer relevant to both mitigation and adaptation.
Whereas, if left unaddressed, the consequences
of a
changing climate have the
potential to adversely impact all Americans, hitting vulnerable populations hardest, harming productivity in key
economic sectors such as construction, agriculture, and tourism, saddling future generations with costly
economic and environmental burdens, and imposing additional
costs on State and Federal budgets that will further add to the long - term fiscal challenges that we face as a Nation;
Predicting the
cost impact
of various
potential warming scenarios requires us to concatenate these
climate predictions with
economic models that predict the
cost impact
of these predicted temperature
changes on the economy in the 21st, 22nd, and 23rd centuries.