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According to one of the study’s authors, glaciers “[o]nce you push these glaciers out of equilibrium because of a large warming wave, it’s difficult to bring them back to where they were before…It’s almost like the damage has already been done.”
If all of Greenland’s ice melts into the ocean, Popular Science explains that global sea levels would rise by around 24 feet. At a six-foot sea level rise, most of the world’s coastal cities would be flooded with water, and 650 million people would be displaced.
Arctic warming is happening twice as fast as warming in other regions — causing the permafrost there to melt and that results in a feedback loop that leads to even more melting.
The study also finds that while there may be some benefits that are experienced in the warming Arctic, such as shorter shipping routes and the opportunity for more mineral resource extraction, the economic losses are significantly greater than the economic benefits of those gains.
Why This Matters: Europe’s pledge to reach neutrality by 2050 is a legal commitment that guides banks, policies, and decision-making. Each of the EU’s 27 countries must now write its own plan for how to reach these targets.
Climate-induced flooding has inundated coastal cities, yet new reporting from Politico shows that government mortgage lenders like Fannie Mae and Freddie Mac continue to pump money into severely flood-prone property markets. As such in the Florida town of Hialeah, federal taxpayers hold greater than 60% of home mortgages. And as Politico explained, “if the homes […]
by Amy Lupica, ODP Contributing Writer While attending this year’s virtual G20 summit on Sunday, President Trump blasted the Paris Climate Agreement, which President-elect Joe Biden has promised to rejoin on his first day as president. Trump claimed that the international agreement, which involves the interests of almost 200 sovereign nations all with their own […]
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