Delaying climate action is the most expensive thing we will ever do


in Economics, Politics, Rants, Science, The environment

Figure from my 2009 blog post, showing why delaying the global peak year for greenhouse gas pollution emissions means having to cut emissions much faster in the 2020s and 2030s to achieve the same temperature target:

Emissions pathways to give 75% chance of limiting global warming to 2ºC

Tweeted by Greta Thunberg today:

All this delay mutually reinforces the risks of catastrophes. People keep investing in fossil fuels, so they have more to lose from decarbonization. We keep putting off emission cuts, meaning that their eventual rate will need to be much more draconian than if we had started promptly when the risk of catastrophic climate change became well-recognized in the 1990s. We’re committing ourselves to more severe climate change effects, meaning more forced relocation, severe droughts, extreme weather events, and adaptation costs in general measured in both wealth and lives. We’re missing the chance to build global cooperation and overcome the parochial one-country-mindset mentality that makes global environmental problems into collective action problems.

{ 4 comments… read them below or add one }

David Anderson June 2, 2019 at 6:01 pm

Thanks for this! It’s hard to imagine a clearer representation of what we face. And, if you look closely, it also re-affirms the fact that we’ve been much too optimistic in the past about what the absolute ceiling for global heating should be. I’m so happy that Greta Thunberg will not mince words, in contrast to our poor Elizabeth May, who still thinks we can “grow” our economy. Economies don’t grow, they consume.

Oleh June 3, 2019 at 7:05 am

Thank you for this graphic illustration of the situation, and in particular ulnar the effect of delay.

I believe that both Greta Thunberg and Elizabeth May are both important voices raising awareness and seeking action on the need to take much more action on climate change.

Milan June 3, 2019 at 2:31 pm

“Raising awareness” stopped being an appropriate objective or measure of success many years ago.

Our continued inaction is making success impossible and producing irreversible outcomes which will harm humanity for as long as it continues to exist.

. June 5, 2019 at 7:49 am

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