GDP growth grid (for the historical range of US GDP growth): long term survival of the US economy depends on the US adopting actions in support of (or equivalent to) the Paris Climate Agreement, but not at any cost.

The Congressional Budget Office is half right… but also half wrong

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In being half wrong, the CBO imperils the US economy. Climate change costs may be relatively small today but like the Boiled Frog Syndrome if and when the costs grow it will be too late to do anything. The Trump Administration should accept the climate science and start addressing the issue realistically. There need be […]

The Congressional Budget Office is half right… but also half wrong was last modified: January 2nd, 2019 by Bruce Menzies
Climate loss projections expressed as carbon prices for 2017 for five South American countries and China using PAL’s Universal Carbon Price (PAL-UP). If adopted globally, PAL-UP would be over 90% revenue efficient.

The price of carbon is y = Lx / C

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Using this simple equation, Dollar-based climate losses for Mexico, Brazil, Chile, Colombia and Peru are compared with those for China and the US in Dollars per tonne CO2 – not just tonnes CO2   Financial metrics applied to economic scenarios are invaluable for assessing the risks associated with climate change at global, national and city […]

The price of carbon is y = Lx / C was last modified: January 4th, 2019 by Bruce Menzies
For global GDP to survive requires both China and the United States to balance growth ambitions with the destructive effects of climate change.

Climate change ‘will inflict substantial damages on US lives’

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After the recent release of the 4th US National Climate Assessment, detailing climate change impact ‘will inflict substantial damages on US lives‘, our new financial impact focused report shows two thirds of all US GDP growth scenarios are predicted to be in serious decline by 2100 as a result of the effects of climate change. […]

Climate change ‘will inflict substantial damages on US lives’ was last modified: December 6th, 2018 by admin
For global GDP to survive requires both China and the United States to balance growth ambitions with the destructive effects of climate change.

New study shows multiple, ruinous impacts of Climate Change on global GDP, country by country – some within a generation

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By 2100, two thirds of all US GDP growth scenarios are predicted to have collapsed or be in the process of collapse. For China, all scenarios grow. On 8th October 2018, Professors William Nordhaus and Paul Romer were awarded the Nobel Prize for their work on economic growth and climate change. The UN IPCC’s landmark […]

New study shows multiple, ruinous impacts of Climate Change on global GDP, country by country – some within a generation was last modified: November 4th, 2018 by Bruce Menzies
Pie chart showing the relative sizes of hits, near hits and misses for predicted disasters impacting certain vulnerable cities

PAL’s technology for predicting the ‘where and when’ of extreme weather-related disasters is on target for near 90% accuracy

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In 2015 a report “Small City, Regional and Global Predictions for 2015, 2016 and 2017” was sealed and lodged by Predict Ability (PAL) in the safe of a legal firm. The report was generated programmatically, using PAL’s proprietary prediction technology: this machine-generated report was designed to identify qualifying ‘disaster events’ predicted to occur within specified […]

PAL’s technology for predicting the ‘where and when’ of extreme weather-related disasters is on target for near 90% accuracy was last modified: January 2nd, 2019 by Bruce Menzies

A Universal Carbon Tax to fund climate change mitigation

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Manmade climate change is a global problem that requires a global solution. Proposed here is a fair and sustainable Universal Carbon Tax whereby all countries pay a carbon tax that dynamically factors in: Historic, current and future carbon emissions The differences between developing and developed economies A scientifically defendable carbon price, based on loss and […]

A Universal Carbon Tax to fund climate change mitigation was last modified: January 4th, 2019 by Bruce Menzies