Sunday, November 02, 2008

Pretty soon you're talking real money

Australia: Act Soon or Face $15 Trillion Climate Bill, Treasury Warns - JustGetThere
A discount rate of 2% puts the cost of strengthening the stabilisation target from 550ppm to 450ppm at $15.1 trillion. Weakening the target from 450ppm to 550ppm would cost only $610 billion.
In degrees Celsius, how much global cooling could be allegedly purchased for $15 trillion?

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