Science & Tech · Science & Environment · 1 hr ago

Economists say climate action brings benefits beyond limiting global warming

Economists say climate action brings benefits beyond limiting global warming

Economists Hippolyte d’Albis and Patrice Geoffron say climate action has benefits beyond slowing global warming.

A tonne of carbon dioxide warms the planet wherever it is emitted, but the costs of cutting emissions fall on the communities that act.

That imbalance can encourage countries to wait for others to act, slowing international efforts.

The economists say putting a price on carbon remains useful, but is not enough on its own.

Reducing fossil-fuel use can also cut harmful air pollution, which comes largely from heating, transport and industry.

In France, fine-particle pollution was linked to nearly 40,000 deaths a year, and the Treasury estimated its annual health and economic burden at more than €140 billion.

Cleaner air can improve health and business productivity, giving countries reasons to act even when global cooperation is slow.

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Hippolyte d’Albis and Patrice GeoffronEconomists
the interest of acting is not limited to the global climate benefit
via Le Monde