Don't Worry, It Will Only Cost $131 Trillion to Address Climate Change

CLIMATE CHANGE UN

 By Mish

Time is Running Out

The UN is out with another fearmongering report on climate change. It's labeled the IPCC Sixth Assessment Report (AR6).

Observed Warming and its Causes

Human activities, principally through emissions of greenhouse gases, have unequivocally caused global warming, with global surface temperature reaching 1.1°C above 1850–1900 in 2011–2020. Global greenhouse gas emissions have continued to increase, with unequal historical and ongoing contributions arising from unsustainable energy use, land use and land-use change, lifestyles and patterns of consumption and production across regions, between and within countries, and among individuals (high confidence). 

Observed Changes 

Widespread and rapid changes in the atmosphere, ocean, cryosphere and biosphere have occurred. Human-caused climate change is already affecting many weather and climate extremes in every region across the globe. This has led to widespread adverse impacts and related losses and damages to nature and people (high confidence). Vulnerable communities who have historically contributed the least to current climate change are disproportionately affected (high confidence).