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Economic sense & nonsense of global warming

BY PETER LÖSCHER - Climate change is a fact. Carbon dioxide concentrations in the atmosphere are higher today than at any point during the last 350,000 years. If carbon dioxide emissions were to double by 2035, the temperature of our planet would rise between 1.5 and 4.5 degrees celsius – with catastrophic consequences for civilization and our entire biosphere. We cannot afford this.