Debunking common myths about climate change Debunking common myths about climate change CBSN Live Debunking common myths about climate change Feb 27, 2020 07:07 buttons/button-playertray-rightbuttons/button-playertray-right One of the main arguments against taking action on climate change has always been that it’s too expensive. But new research finds just the opposite: We can’t afford not to. A study published Tuesday in the peer-reviewed scientific journal Nature finds that if nations fail to rein in greenhouse gas emissions sufficiently, as agreed upon in the international Paris Agreement , the global economy stands to lose at least $150 trillion to as much as $792 trillion by the end of the century. A co-author of the study, Biying Yu, from the Beijing Institute of Technology, said the general consensus in the international academic community is that "climate change may lead to a global catastrophe," and thus inaction could result in "substantial socio-economic losses." The goal of the Paris Agreement is to keep global warming below 2 degrees Celsius as compared to pre-industrial levels (the world has already warmed by more than 1 degree). The U.S. signed onto the accord in 2015 along with more than 190 other nations, but the Trump administration later […]

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