Climate economist Dr. Emily Wong argues that the economic costs of climate change mitigation are far smaller than the costs of inaction.
5
readingWhich economic analysis would best support Wong's cost comparison?
A
Renewable energy costs have decreased
B
Some businesses support climate action
C
Climate mitigation costing 2% of global GDP annually would prevent damages estimated at 10-20% of GDP by 2100, yielding net savings of $50 trillion
D
Insurance companies track weather damages
Correct Answer: C
Choice C is the best answer. Direct cost comparison (2% vs 10-20%) proves mitigation is cheaper.
💡 Strategy: Cost comparison claims need quantified estimates for both scenarios.