Effect of Delay
It is often erroneously said that tackling climate change will be expensive. It is true that a global transformation of the energy landscape will involve significant costs. However, the price to society of not urgently embarking on an aggressive emissions reduction program would be far greater than the costs of undertaking one. Every study of this issue has shown that the benefits of strong, early action considerably outweigh the costs. Source: German Advisory Council on Global Change (WBGU), 2009. Read more.