CBO – The Costs of Reducing Greenhouse-Gas Emissions

CBO Economic and Policy Brief: The Costs of Reducing Greenhouse-Gas Emissions, November 23, 2009

“Human activities around the world are producing increasingly large quantities of greenhouse gases, particularly carbon dioxide (CO2) resulting from the consumption of fossil fuels and deforestation. Most experts expect that the accumulation of such gases in the atmosphere will result in a variety of environmental changes over time, including a gradual warming of the global climate, extensive changes in regional weather patterns, and significant shifts in the chemistry of the oceans. Although the magnitude and consequences of such developments are highly uncertain, researchers generally conclude that a continued increase in atmospheric concentrations of greenhouse gases would have serious and costly effects.”

CBO – The Costs of Reducing Greenhouse-Gas Emissions

Thank you!