The future cost of climate inaction? $2 trillion a year, says the government
The federal government has begun tallying the damage climate change could do to the economy and its budget. This comes as scientists warn time is running out to avoid catastrophic global warming.
With time running out to head off the worst damage from climate change, the United States government is starting to quantify the cost of inaction â for taxpayers.
The White House Office of Management and Budget (OMB) released the first ever accounting of how unchecked global warming would impact the federal budget, looking at its potential to dampen the economy as a whole, and balloon
