Who's Going To Foot The Bill For Climate Change?

According to a new study out of the Stockholm Environment Institute – increasing greenhouse gases will cost over $2 trillion a year in damage to our planet's oceans by the end of the century. With warmer oceans comes greater acidification – which wipes out fisheries and coral reefs. Plus, rising sea levels and stronger storms do costly damage to coastlines. Nonetheless – we're giving tens of billions of dollars in taxpayer subsidies to transnational oil corporations to accelerate climate change – rather than making them pay for the damage they're causing. This is not only irresponsible – it's outright dangerous – and means that future generations of Americans will have to cope with a much harsher planet.