Monday, January 25, 2021
GMO test
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Investing
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • Jobs
    • The Green Economy
    • GDP
  • Energy
    • Solar
    • Wind
    • Fossil Fuels
    • Renewables
  • Environment
    • Emissions
    • Wildfires
    • Biodiversity
    • Extreme Weather
  • Technology
    • Food
    • Health
    • Buildings
    • Renewables
    • Carbon Capture
    • Transportation
    • Climate Change
  • Social Change
    • Activism
    • Education
    • Psychology
No Result
View All Result
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Investing
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • Jobs
    • The Green Economy
    • GDP
  • Energy
    • Solar
    • Wind
    • Fossil Fuels
    • Renewables
  • Environment
    • Emissions
    • Wildfires
    • Biodiversity
    • Extreme Weather
  • Technology
    • Food
    • Health
    • Buildings
    • Renewables
    • Carbon Capture
    • Transportation
    • Climate Change
  • Social Change
    • Activism
    • Education
    • Psychology
No Result
View All Result
GMO test
No Result
View All Result
Home Uncategorized

The Cost of Sea Level Rises: Two Trillion Per Year

by Richard Matthews
December 3, 2012
in Uncategorized
0

Rising sea levels are not only imperiling people, the cost to property and infrastructure amounts to trillions of dollars a year. However, if governments act now they can significantly reduce the costs associated with sea level rises. Failure to act soon will cause the costs to increase exponentially.

According to a study from the Stockholm Environment Institute called “Valuing the Oceans”, if the rise of greenhouse gases continues to go unchecked, it will result in lasting damage that will cost $2 trillion each year.


A warmer planet will also continue to cause ocean acidification and diminished levels of oxygen in the seas. These events will destroy coral reefs and decimate fish stocks which will impact people and economies around the world.

As reviewed in a PhysOrg article, in addition to material costs there is also a dramatic human cost, as low-lying areas particularly those around the the coastlines of Africa and Asia are at risk of inundation.
The report states that if temperatures continue to rise with a projected increase of four degrees Celsius (7.2 degrees Fahrenheit) by the end of the century, the cost in 2050 will be $428 billion annually, or 0.25 percent of global domestic product (GDP). By 2100, the cost would rise to $1,979 billion, or 0.37 percent of output.

If global governments choose to act now and warming is limited to 2.2 C (4 F), the cost in 2050 would be $105 billion, or 0.06 percent of worldwide GDP, rising to $612 billion, or 0.11 percent, by 2100.

“This is not a scaremongering forecast,” says the report. ”The ocean has always been thought of as the epitome of unconquerable, inexhaustible vastness and variety, but this ‘plenty more fish in the sea’ image may be its worst enemy.”

The actual impact of rising sea levels may prove to be even worse than suggested in this study. The report did not consider the costs to small island states which are subject to the most acute risks, nor did it factor the extraordinary disruption of the world’s food chain.

© 2012, Richard Matthews. All rights reserved.

Related Articles
Scientists Warn we Must Act to Diminish Rising Sea Levels
America at Risk from Rising Sea Levels
Sea Levels are Rising 60 Percent Faster than Anticipated
Urgent Appeal to Save our Oceans
Marshall Islands World Ocean Day 2012
State of the Climate Global Analysis Nov 2011
Seven Ways to Save the Seas
OECD Environmental Outlook to 2050: The Consequences of Inaction
Population Growth and Climate Change will Add to the World Water Crisis
Water Management Webcast: Cities and the Global Water Crisis

ShareTweetShare
Previous Post

America at Risk from Rising Sea Levels

Next Post

Scientists Warn we Must Act to Diminish Rising Sea Levels

Related Posts

Unprecedented Wildfires in 2020 are Connected to Climate Change

by Richard Matthews
December 29, 2020
0

The intense wildfires that raged across the Western U.S., South America, and Australia in 2020 are being attributed to climate change. What makes these fires unprecedented is their size and...

American Courts are Defending Democracy and the Environment

by Richard Matthews
December 14, 2020
0

Despite unprecedented challenges, America's legal system has held. In recent weeks the courts have repeatedly defended democracy and in the last four years they have overturned a wide range of environmental...

Boycott Culture and Brand Influence During Trump’s Presidency and Beyond

by Richard Matthews
December 8, 2020
0

Brands wield enormous influence over popular culture and whether they are pursuing core social values or trying to preempt boycotts, brands are finding it harder to ignore social, environmental and political...

Next Post

Scientists Warn we Must Act to Diminish Rising Sea Levels

Leave a Reply Cancel reply

Follow Us

  • Facebook
  • Twitter
  • Email
  • LinkedIn
  • Reddit
  • SoundCloud

Subscribe to the Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

American Politics

Biden Gets to Work on Climate Action

by Richard Matthews
January 21, 2021
0

On Wednesday January 20th America started writing a new chapter in the nation's long and storied history.  On day one...

Read more

Taking Stock of Trump’s Dismal Legacy

January 19, 2021

Corporate America’s Break Up with Trump & the GOP

January 15, 2021

Climate Change is Fueling Deadly Extreme Weather and Costly Climate Disasters

January 13, 2021
protected areas and new species on the map of the world

Summary of Positive Biodiversity Stories

January 11, 2021
  • Business
  • Economy
  • Energy
  • Environment
  • Investing
  • Politics
  • Technology
  • Social Change

© 2021 Copyright The Green Market Oracle.

No Result
View All Result
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • GDP
    • Jobs
    • The Green Economy
  • Energy
    • Fossil Fuels
    • Renewables
    • Solar
    • Wind
  • Environment
    • Emissions
    • Biodiversity
    • Extreme Weather
    • Wildfires
  • Investing
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Technology
    • Buildings
    • Carbon Capture
    • Climate Change
    • Food
    • Transportation
    • Health
    • Renewables
  • Social Change
    • Education
    • Activism
    • Psychology
    • Marches

© 2021 Copyright The Green Market Oracle.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In