Economic cost of #climatechange are ‘massive’ #auspol #science 

jpratt27

Funding efforts to fight climate change is “a waste of your money,” the director of the Office of Management and Budget Mick Mulvaney said in a press conference today.
But Mulvaney is dangerously wrong: in fact, experts say that that the economic costs of climate change are so massive that delayed action, or inaction, is the most expensive policy option out there.
Mulvaney was defending President Trump’s proposed 2018 budget, which cuts funding for the Environmental Protection Agency by 31 percent — making good on Trump’s threat to dismantle the agency.

“Regarding the question as to climate change, the president was fairly straightforward,” Mulvaney said.

“‘We’re not spending money on that anymore.’”
That’s a really bad idea, for a couple of reasons.

But first, let’s get this out of the way: there is overwhelming evidence that climate change is real, and caused by carbon emissions.

Scientifically, the debate’s over and…

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