By Lauren McCauley / Common Dreams
"We do not inherit the Earth from our ancestors, we borrow it from our children," is an oft-quoted proverb, frequently used to explain the importance of environmental preservation. Unsaid, however, is how much it will impact the next generation if the Earth is bequeathed in a lesser state.
Environmental campaigners NextGen Climate and public policy group Demos published a new study that attempts to quantify the true cost of not addressing climate change to the millennial generation and their children.
The Price Tag of Being Young: Climate Change and Millennials' Economic Future (pdf) compares some of the high costs millennials will face in the "new inequality economy"—such as student debt, child care costs, stagnant wages, as well as financial and job insecurity—against the fiscal impacts of unmitigated global warming. [Read more...]
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