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Independent: The sudden release from the melting Arctic of vast quantities of methane – a greenhouse gas at least 20 times more potent than carbon dioxide –is an “economic time-bomb” that could explode at a cost of $60 trillion (£40tr) to the global economy, a study has concluded.
A scientific assessment of the costs associated with the release of Arctic methane into the atmosphere has found that the financial consequences to the world would almost equal the entire global economic output of one year.
Scientists......
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Methane meltdown: The Arctic timebomb that could cost us $60trn
Posted by Washington Post: Juliet Eilperin on July 25th, 2013
Posted in Water Conservation