Saving the planet will cost us more than the time wasted sitting through an Al Gore lecture on his invisible friend global warming. The United Nations announced that dropping global temperatures to preserve polar ice, polar bears and to keep Florida from receding into the sea would cost its club members a hefty total of $450 billion a year. They underestimated the cost when they originally said it would be between $40 and $170 billion annually.
Professor Martin Parry, a former co-chair of the Intergovernmental Panel on Climate Change said:
The amount of money on the table…is one of the key factors that will determine whether we achieve a climate change agreement. But previous estimates of adaptation costs have substantially misjudged the scale of funds needed.
The U.N. was unclear what exactly the money will buy – giant fans or air conditioners, perhaps?
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