HomeLatest NewsBest New Ideas in Money: Every whale is worth $2 million? Why it’s time to add the value of nature to GDP

Best New Ideas in Money: Every whale is worth $2 million? Why it’s time to add the value of nature to GDP

Whales lead long lives sequestering carbon dioxide in their bodies. At death the creatures sink to the bottom of the ocean, still holding that absorbed gas. Ultimately just one of those mammals is responsible on average for pulling 33 tons of heat-trapping CO2 out of the atmosphere for centuries. The estimated economic value of this service to slow climate change? A tidy $2 million per individual whale.

Readers of National Geographic may well be able to spout off a whale’s worth. College environmental programs certainly discuss…

No comments

leave a comment