Spending money now to avoid the worst effects of climate change later will literally pay for itself, according to a new analysis. “The investment is less than the cost.”Some analysis already exists on the costs climate change could impose, said Cleary. Cleary predicts the accumulated climate change costs for Canada to the turn of the century are nearly $2.8 trillion. “The numbers show it makes sense to make investments just to mitigate those costs,” Cleary said. Cleary likens spending on climate change to a savings account that would bring long-term benefits.

Source: thestar April 21, 2022 03:57 UTC