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...carbon dioxide pollution would, in turn, spur technological innovation and reward those who use energy more efficiently and help others to as well. The IPCC estimates that if we don’t address climate change, we’ll see worldwide losses of one percent to five percent GDP by the end of the century. Even modest economic investment now in cleaner technologies will yield enormous benefits for our children’s and grandchildren’s generations...

Author: By Matthew S. Meisel | Title: Resting On (Mountain) Laurels | 4/12/2007 | See Source »

...pain being borne by the poor, tropical countries already on the edge of environmental disaster. In Africa by 2020, between 75 and 250 million people are expected to suffer from increased water shortages resulting from climate change, and attempting to adapt could consume as much as 10% of the GDP of African nations. In poorly nourished Central and South Asia, crop yields could decrease 30% by 2050. "The poorest of the poor are going to be the worst hit," said IPCC Chairman Rajendra Pachauri. "People who are poor are least able to adapt to climate change...

Author: /time Magazine | Title: Political Heat Over the Planet | 4/6/2007 | See Source »

...billion developing the maglev. Building an operational line that would cover the 342 miles between Tokyo and Osaka -Japan's most heavily traveled rail route - would cost an estimated $70 billion. That price tag may be prohibitive for a country whose public debt is over 1.5 times its GDP and the largest in the industrialized world, and whose poplation is shrinking...

Author: /time Magazine | Title: Go, Speed Levitator, Go! | 4/5/2007 | See Source »

...North Sea standard to a 1-in-100,000-years level of protection," says Pier Vellinga, a senior government adviser and professor at Wageningen University and Research Center. Vellinga calculates that to maintain this higher level of protection, the Netherlands would have to commit about 0.2% of its GDP annually--some $1.3 billion. The Dutch are straightforward about making adaptation to global warming a high priority. The alternative is the prospect of losing its coastal cities altogether. ("We Are Here to Stay" is the accompanying public slogan.) "We want foreign visitors and investment to keep coming to the Netherlands," Vellinga...

Author: /time Magazine | Title: On the Front Lines Of Climate Change | 3/29/2007 | See Source »

...made on aid, debt and even the thorny subject of trade. Aggressive progress on these, matched by advances in fighting the evils of corruption in Africa, could transform the continent and prevent the fire from spreading. As a group, the E.U. countries have promised to commit 0.7 percent of GDP to the poorest of the poor. How Europe works to keep that promise is as important to Europe as it is to Africa...

Author: /time Magazine | Title: A Time for Miracles | 3/22/2007 | See Source »

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