Tony Blair: Global Warming Consequences "Disastrous"

Producing power releases the highest volume of carbon dioxide.

Image: BBC

Economist Sir Nicholas Stern warns that climate change could reduce the global economy by one-fifth. Stern is optimistic in spite of the sobering data, because he believes that immediate international cooperation can nullify some of the malevolent economic effects of global warming. One percent of global gross domestic product, Stern concludes, must be directed to reducing emissions. British Prime Minister Tony Blair is taking the issue very seriously, informing his people that "disaster" will come from continued environmental degradation.

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