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The cost of adaptation will be immense. $119B for a sea wall around NY will cost every American $300. This addresses just one problem (sea level rise) in one locale (NY).

The $119 Billion Sea Wall That Could Defend New York … or Not nyti.ms/2FXvQbY
Let me repeat: this is just ONE IMPACT in ONE PLACE. Now multiply this by the thousands of other places that we're going to have to spend money to adjust to climate change.
This is going to bankrupt us. Anyone who says climate change will only cost "a few percent of GDP" should be ridiculed until they provide a legitimate uncertainty analysis of in that value. I don't think it's valid even as an order-of-magnitude estimate.
Spending money to switch to renewable energy is a lot smarter. It avoids a lot of (though not all) the expense of impacts.

And fossil fuels are really terrible; switching to renewables will deliver huge climate and co-benefits to society.

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