Inaction on climate change risks leaving future generations $530 trillion in debt

clock • 5 min read

BECCS technologies have been touted as a means of avoiding the worst impacts of climate change, but as James Dyke argues the costs of deployment would likely be gargantuan in scale

By continuing to delay significant reductions in greenhouse gas emissions, we risk handing young people alive today a bill of up to US$535 trillion. This would be the cost of the "negative emissions" technologies...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Climate change

'Brakes slammed': Global emissions growth has slowed drastically in decade since Paris Agreement

'Brakes slammed': Global emissions growth has slowed drastically in decade since Paris Agreement

Global emissions have grown just 1.17 per cent since COP21 versus an 18.4 per cent increase in the decade to 2015, ECIU analysis shows

Stuart Stone
clock 30 September 2025 • 4 min read
China announces new climate target to cut emissions by up to 10 per cent by 2035

China announces new climate target to cut emissions by up to 10 per cent by 2035

President Xi Jinping urges international community to 'stay focused on the right direction’, as more than 100 countries submit new climate goals

James Murray
clock 25 September 2025 • 7 min read
'Abdicating US leadership': Governors hit back at Trump's attacks on climate science and clean energy

'Abdicating US leadership': Governors hit back at Trump's attacks on climate science and clean energy

Green groups respond angrily to US President's rambling speech to the UN General Assembly, in which he labelled climate change "the greatest con job ever perpetrated on the world"

James Murray
clock 24 September 2025 • 6 min read