Study Says Arctic Ice Melt to Cost Global Economy $2.4 Trillion

On one hand, it is a very, very round number -- obviously just a rough and imperfect estimate of the economic impacts of an enormously complex and often unpredictable jumble of warming Earth climate systems. The financial cost to the world economy of a warming and melting Arctic, due to human induced greenhouse emissions over the next 40 years, will add up to at least $2.4 trillion, according to a study by the Pew Environment Group. That's a 24 followed by 11 zeroes. To get this figure,...Full Story
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