This post is by Sheryl Canter, an Online Writer and Editorial Manager at Environmental Defense.
We frequently hear people worrying about the expense of tackling the global warming problem (an expense that is generally overrated). But what we don’t hear much about is the cost of inaction. How much of a burden will be placed on our economy if we do nothing?
This is the topic of a study just released by the University of Maryland (and partially funded by Environmental Defense) titled "The US Economic Impacts of Climate Change and the Costs of Inaction". The upshot? Taking no action at all is our most expensive policy option.