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Climate change could cost 60 trillion dollars

2013-07-29 23:35:00| Climate Ark Climate Change & Global Warming Newsfeed

Australian Broadcasting Corporation: EMMA ALBERICI, PRESENTER: Scientists are warning that the impact of climate change on the Arctic could wipe $60 trillion from the global economy. New research in the journal Nature says the release of huge reserves of methane from permafrost is an economic time bomb if nothing is done to mitigate the unprecedented melting. Scientists estimate the release could lead to the global mean temperature rising by more than two degrees between 15 and 35 years earlier than expected. Developing countries...

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