$aving the Earth - Dollar$ and $ense
Study estimates global warming costs
Making big cuts in emissions linked to global warming could come at considerable cost to the U.S. economy: between $400 billion and $1.8 trillion in reduced growth over the next four decades, a new study says.
The study published Monday by a nonprofit research group partially funded by the power industry concludes that reducing emissions of carbon dioxide -- the main greenhouse gas linked to global warming -- will require "fundamental" changes in energy production and consumption.
The Electric Power Research Institute said the most cost-effective way to reduce the level of carbon dioxide in the atmosphere is to make many changes at once, including expanding nuclear power, developing renewable technologies and building systems to capture and store carbon dioxide emitted from coal plants. Reducing demand for fossil-fuel power is also key, the institute said.