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Air Pollution Costs World $8 Billion a Day, Greenpeace Says

  • Fossil fuel pollution causes 4.5m premature deaths each year
  • China, U.S., India bear highest cost from air pollution
Bloomberg business news
The Menace of Air Pollution
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Air pollution from burning fossil fuels is generating economic losses of $8 billion a day, according to a Greenpeace report.

That’s about 3.3% of global gross domestic product, or $2.9 trillion per year, according to a report from Greenpeace Southeast Asia and Center for Research on Energy and Clean Air. China, the U.S. and India bear the highest economic cost of soaring pollution, at an estimated $900 billion, $600 billion and $150 billion a year, respectively.