In a report published January 11, 2007 by the Seattle P-I, a new study looks at the rising costs of predicted global warming.
"Climbing temperatures over the next 40 years will boost the cost of timber, water and crops, cause twice the wildfire damage that occurs now, exacerbate health issues and require expensive shoring-up to avoid damage to Tacoma, Willapa Bay and other low-lying areas.
Those are the top-level conclusions reached in "Impacts of Climate Change on Washington's Economy," a 118-page, $100,000 study prepared by researchers from Washington and Oregon.
'It's safe to say that virtually every aspect of the state's economy will be affected by climate change,' said co-author Bob Doppelt, director of the Climate Leadership Initiative at the University of Oregon, in a teleconference after the study's release."
Today the British Government release a report on the economic consequences of global warming. The Stern Review Report on the Economics of Climate Change offers a stark picture of how the changing climate will cost the world's nations trillions of Euros, a cost borne disproportionately by lesser developed nations. On the topic of the science of climate change and sea level rise, the Report offers the following: "As global temperatures continue to rise, so do the risks of additional sea level contributions from large-scale melting or collapse of ice sheets. If the Greenland and West Antarctic ice sheets began to melt irreversibly, the world would be committed to substantial increases in sea level in the range 5 – 12 m over a timescale of centuries to millennia" (p. 16).