Global Warming Economics

Solving global warming at little or no net cost.

A study by leading consulting firm McKinsey & Company, co-sponsored by NRDC, finds that substantial reductions in global warming emissions can be achieved at little or no net cost to the economy. Drawing on this study, the chart below illustrates how U.S. technology and innovation can cool the climate and fuel new economic opportunities -- if the government takes quick, decisive action to make it happen.

NOTES

1. $ per ton of cuts in emissions of C02e (C02 plus other greenhouse gases)

2. Billions of tons C02e per year, in 2050

The scenario above is based on NRDC analysis, including extrapolations from 2030 cost estimates done by McKinsey & Company.

More details on NRDC's methodology >