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Recently the British Government published a rigorous study by Sir Nicholas Stern, former World Bank chief economist recognized world authority on the subject. This study deals with the cost of global warming based on scientific evidence of such change and the projected economic impact.

As the science has documented, the global temperature is increasing and could rise to five degrees Celsius in this century if we continue to burn more fuel and releasing carbon dioxide forms.

The Stern answers questions of interest to those who hold political and economic power in this world is that the cost would stop and that process would be 1% of global gross domestic product. A whopping undoubtedly but the cost of inaction could be at least 20 times higher. Doing nothing would cost more than U.S. $ 10,000 million (figures from 2004).

What will be our choice? Do something now or wait for us although the economic cost is higher, and without considering the ecological and human costs would be?

Unfortunately, there seems no reason to be optimistic. The great economic and industrial powers do not seem to have the political will to make changes and actions required to stop. The short-term political vision seems to prevail.

Although the economic cost of halting global warming is certainly high and doing nothing is even greater, consider the human cost and the environmental cost would be. In Africa alone, about a third of the crop would be lost for lack of water and heat, as in other regions. Would famines throughout the world. More than one billion people suffer from lack of water. With the melting of glaciers vast regions of Asia, South America, Europe and the United States (Florida) would be flooded. Much

ecosystems like the Amazon and tropical forests disappear, like coral reefs, among others. Millions of species of plants, animals and microorganisms become extinct. Weather phenomena extremes such as storms, droughts, hurricanes and heat waves would occur with greater intensity.

Why would you want money, if the warming will kill many of our well-being and life on Earth? We need a new ethic and prompt actions to deviate from the path we are following.

Source: costarica.capitalfinanciero.com /