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The Times

We can't know the future cost of climate change. Let's focus on the cost of avoiding it instead

  • Written by Jack Pezzey, Senior Fellow, Fenner School of Environment and Society, Australian National University
We can't know the future cost of climate change. Let's focus on the cost of avoiding it insteadEconomists have searched for the mythical balance between the cost of climate action, and the future cost of doing nothing.Joop Hoek/Shutterstock.com

As delegates at the UN climate summit in Katowice, Poland, discuss the possibility of restraining global warming to 1.5℃, it might sound like a reasonable question to ask how much money it will...

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