Ronald Bailey Finds that Slowing Climate Change Costs About the Same As Adapting to It

Physics of the Future

The Intergovernmental Panel on Climate Change has issued reports that look at the costs of trying slow future climate change and the costs of adapting to it by 2100. Reason science correspondent Ronald Bailey runs the numbers and finds that the IPCC's projected losses to incomes from doing nothing to slow climate change appear to be roughly comparable to the losses incurred by trying to slow climate change. In other words, doing nothing about climate change will cost future generations roughly the same as doing something.