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Fighting global warming will be inexpensive but governments have little time left to avert big, damaging temperature rises, a draft United Nations report shows.
The draft, due for release in Bangkok on May 4, indicates warming is on track to exceed a 2 Celsius (3.6 F) rise over pre-industrial times, regarded by the European Union as a threshold for “dangerous” change to nature.
Global warming could have the same economic effect as the Great Depression if handled poorly, government climate change adviser Ross Garnaut says.
Professor Garnaut has written an article saying that poor design or slowness in implementing climate change-easing policies could spell the end of what he calls the Platinum Age.