Saving the planet cheaper than you think
Critics say limiting carbon emissions could cost trillions. But a new study suggests the costs are much lower.
Opponents of climate change have said that the effort could reduce the U.S. gross domestic product by $1 trillion, cost 3.4 million jobs, and result in price hikes of trillions of dollars for American consumers. But a new study from McKinsey & Co. puts the price tag way below earlier predictions and indicates that 40 percent of the reductions may bring actual savings to the economy, not costs.
Read the full story at Businessweek.com..