Global warming is said to be bringing temperatures last seen during an interglacial era, when sea level was 6-9 meters (20-30ft) higher than today
In order to meet targets set at last year’s Paris climate accord to avoid runaway climate change, “massive CO2 extraction” costing an eye-watering $104tn to $570tn will be required over the coming century with “large risks and uncertain feasibility” as to its success, the paper states.
“There’s a misconception that we’ve begun to address the climate problem,” said Hansen, who brought climate change into the public arena through his testimony to the US congress in the 1980s. “This misapprehension is based on the Paris climate deal where governments clapped themselves on the back but when you look at the science it doesn’t compute, it’s not true.
“Even with optimistic assumptions (future emissions reduction) will cost hundreds of trillions of dollars. It’s potentially putting young people in charge of a situation that is beyond their control. It’s not clear they will be able to take such actions.”