Fossil Fuels' Hidden Cost Is in Billions, Study Says
New York Times - - 22 hours ago
ALSO:
ALSO:
Hidden Cost of Burning Fossil Fuels: $120 Billion A new report by the National Academy of Sciences estimates that burning fossil fuels costs the United States about $120 billion a year in hidden costs. The study estimated that nearly 20,000 people die prematurely each year from air pollutants emitted by power plants and vehicles. The study found that coal burning was the biggest single source of such external costs. Environmental groups said the actual hidden cost of burning fossil fuels is even higher, because the study did not include expenses related to global warming. The National Mining Association criticized the report for ignoring what it described as the hidden benefits of coal-based generation.
Four more rounds of formal negotiations are scheduled before the Dec 7-18 talks in Copenhagen. These are June 1-12 in Bonn, Germany; Aug 10-14 in Bonn; Sept 28 to Oct 9 in Bangkok; and Nov 2-6, at a venue yet to be decided.
In addition, heads of state and government will gather in September at a U.N. climate change summit in New York and President Obama will host a major economies forum on the sidelines of the G8 in Italy in July. Two other meetings convened by the United States will take place, one probably 26-27 May in Paris and another in June.