Good news, world: A new scientific study has found that the worst case scenarios of global warming can still be avoided if the entire world cuts emission of greenhouse gases. If we follow the guidelines President Barack Obama and Europe have laid out, it’s not too late to avoid the dire predictions about global warming.

The National Center for Atmospheric Research in Boulder, Colorado, looked at what would happen by the end of the century if greenhouse gas levels were cut by 70 percent via computer simulation.

Their findings, which will be published next week in the journal Geophysical Research Letters, showed that although the world would still be a warmer, the damage would be by 2 degrees rather than 4 degrees, meaning the Arctic sea ice would still shrink, but not disappear. Moreover, sea levels would rise less than had previously been predicted, while droughts and floods can be avoided and heat waves would be 55 percent less intense.