Inaction vs Action

The benefits of reducing greenhouse gas emissions outweigh the costs by trillions of dollars. Combining the results of the report by the German Institute of Economic Research and Watkiss et al. (2005) studies, we find that the total cost of climate action (cost plus damages) by 2100 is approximately $12 trillion, while the cost of inaction (just damages) is approximately $20 trillion.

SkS Resources that use this Graphic

• The Economic Impacts of Carbon Pricing
• The Big Picture
• Monckton Myth #11: Carbon Pricing Costs vs. Benefits
• Debunking Economic Myths from the Climate Hearing
• Monckton, the Anti-Nurse
• Updating the Climate Big Picture
• The Latest Denialist Plea for Climate Change Inaction
• Monckton Misrepresents Scientists' Own Work (Part 1)
• Nordhaus Sets the Record Straight - Climate Mitigation Saves Money
• Inhofe's Myths on Maddow
• Lindzen's Clouded Vision, Part 2: Risk
• Bob Carter's Financial Post Gish Gallop of Scientific Denial
• Exxon-Mobil CEO Downplays the Global Warming Threat
• Matt Ridley - Wired for Lukewarm Catastrophe
• Realistically What Might the Future Climate Look Like?
• Misleading Daily Mail Article Pre-Bunked by Nuccitelli et al. (2012)
• This is Global Warming - A Lesson for Monckton and Co.

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