Massive Investment Needed Against Climate Change

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Hey, compared to the cost of the war in Iraq, this is fire sale. Plus, a whole lot more effective for homeland security [read why]. A new UN report presented in Vienna says that more than 200 billion dollars will be needed by 2030 just to keep greenhouse gas emissions at today’s levels. According to AFP, the United Nations Framework Convention on Climate Change estimates that between 0.3 and 0.5 percent of global gross domestic product, and between 1.1 and 1.7 percent of global investment, will need to be spent on addressing climate change. This will include investing in technology research and renewable energy. It will also require energy efficiency for transport, industry and construction, as well as supporting agroforestry, and implementing sustainable forest management. The report also states that, in the short term, energy efficiency remains the most promising means to reduce emissions. . . So, have you changed to flourescent light bulbs yet? Are you riding that bike? It’s well known in the bike industry that most Americans ride their new bikes a full 18 miles before garaging them forever. Come on. Our cheapest fuel remains human fat. JULIA WHITTY

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Thank you!

We didn't know what to expect when we told you we needed to raise $400,000 before our fiscal year closed on June 30, and we're thrilled to report that our incredible community of readers contributed some $415,000 to help us keep charging as hard as we can during this crazy year.

You just sent an incredible message: that quality journalism doesn't have to answer to advertisers, billionaires, or hedge funds; that newsrooms can eke out an existence thanks primarily to the generosity of its readers. That's so powerful. Especially during what's been called a "media extinction event" when those looking to make a profit from the news pull back, the Mother Jones community steps in.

The months and years ahead won't be easy. Far from it. But there's no one we'd rather face the big challenges with than you, our committed and passionate readers, and our team of fearless reporters who show up every day.

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