In order to grapple with the harsh reality, governments need new ways of measuring welfare and well-being that don’t rely on GDP growth.

FOR DECADES, SCIENTISTS have warned of the pending crisis for the planet and humanity in the event of runaway climate change. But a new paper from prominent economists frames the situation in language that people might actually understand: Not addressing climate change, they conclude, will lead inevitably to “worldwide economic collapse.”

Spend a few bucks today addressing climate change and maybe we’ll save a fortune in the future.

Source: Unhinged GDP Growth Could Actually Destroy the Economy, Economists Find