Global warming report is serious wake up call !
Calling for "bold and decisive action," British Prime Minister Tony Blair has endorsed a new report that warns failure to act on climate change could trigger a worldwide economic slowdown along the same level as the Great Depression.
Written by former World Bank economist Sir Nicholas Stern at Blair's request, the 700-page report was released on Monday.
The report warns that unless the issue of climate change is immediately addressed, global economic growth could shrink by 20 per cent and cost the world economy close to $7 trillion US.
The report suggests other effects could include:
200 million new refugees as people are displaced by severe flooding or droughts.
Water shortages for one in six people.
A spike in world temperatures of up to 5 C.
Melting glaciers that could lead to water shortages.
The extinction of 20 to 40 per cent of wildlife species.
To read entire CBC NEWS article on this important report on the world environment click here.
Michael McCafferty says:
The global environment is the most important issue facing humanity. Earth is in the balance.
The environment is not a liberal or conservative or green issue -- it is way too important for politics. Now is the time for action in healing the world environment.