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David Suzuki: The economic benefits of tackling climate change Comments (2) By David Suzuki, October 2, 2012 David Suzuki. The failure of world leaders to act on the critical issue of global warming is often blamed on economic considerations. Over and over, we hear politicians say they can't spend our tax dollars on environmental protection when the economy is so fragile. Putting aside the absurdity of prioritizing a human-created and adaptable tool like the economy over caring for everything that allows us to survive and be healthy, let's take a look at the economic reality. A new scientific report concludes that climate change is already costing the world $1.2 trillion a year and is eating up 1.6 per cent of global GDP, and rising. It's also killing at least 400,000 people every year, mainly in developing countries. That's not counting the 4.5 million people a year who die from air pollution caused by burning fossil fuels.