A new study on valuing the ocean says that climate change of 4 degrees C will result in $2 trillion per year in damage:
without action to limit rising greenhouse gas emissions, the global average temperature could rise by 4 degrees Celsius by the end of the century causing ocean acidification, sea level rise, marine pollution, species migration and more intense tropical cyclones. It would also threaten coral reefs, disrupt fisheries and deplete fish stocks.
Ouch.
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