A new study published in the journal Nature argues that we could save billions of dollars over the next decade if we could only do more to make the world a safer place.
The study was authored by researchers from Stanford University, Yale University, and Johns Hopkins University.
They estimate that our current efforts to make global warming a top priority could save as much as $2.2 trillion over the following 10 years.
The researchers’ calculations are based on the assumption that a doubling of global temperature will cause an increase in the number of deaths globally.
This will likely require a large-scale deployment of new technologies, such as electric vehicles and low-carbon power grids, that can reduce emissions.
The new research is the first to make a quantifiable prediction on the costs of climate change and the impact of emissions on human health, environment, and economy.
The study was also co-authored by MIT’s Shai Nachman, a former NASA scientist, and Princeton’s Thomas H. Reilly.
“The main conclusion is that climate change is the biggest threat we face today,” said Nachmann, a visiting scholar at Stanford’s Institute for the Future.
“We can do better, but if we want to be prepared to deal with the consequences, we have to act.”
The study is based on an analysis of data from the Global Burden of Disease and Health Study, a project that is part of the United Nations’ Millennium Development Goals.
This study aims to measure the impact that climate-related risks have on the world’s health and well-being.
Researchers say that by the year 2050, a doubling in global temperature could cause an estimated 5.3 million deaths globally, or roughly one-fifth of all human deaths in the world.
That’s about 1 in 2,000 deaths in 2020.
Researchers found that if the world did just one thing right, it would save billions, and the cost to society would be around $1 trillion.
The cost of averting a disaster, the researchers estimate, would be $1.7 trillion.
To save this much money, scientists estimate that we need to move rapidly toward electric vehicles, carbon-free power grids that could provide energy at lower costs than fossil fuels, and a low-emissions economy.
In short, we need more investments in renewable energy, better transportation, and public health.
The authors note that the world is already investing in these investments.
According to the World Bank, the total global investment in renewable technologies was $1,064 trillion in 2017, or almost one-quarter of all the investments made by the world in the past 10 years alone.
The researchers say that this would only happen if we adopted policies that reduce carbon emissions, and not only because carbon dioxide is a pollutant that is harmful to health and the environment.
“There are three things that we have done well over the past decades that are not working as well as we could,” Nachmans said.
“First, we are spending too much on energy, and second, we do not have the financial flexibility to make investments that are environmentally friendly.
We cannot keep spending billions of taxpayer dollars on this waste.
Third, we make too many investments that lead to a loss of economic security for workers, consumers, and communities.”