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Weather-Related Disasters Pose a Growing Threat to US Economic Prowess /
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2024-05-28 17:55:36

Weather-Related Disasters Pose a Growing Threat to US Economic Prowess on Nostr: The Devastating Impact of Natural Disasters and Extreme Heat on the Global Economy ...

The Devastating Impact of Natural Disasters and Extreme Heat on the Global Economy
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#c5e4196b ver:0.21

Severe weather disasters have a devastating impact on the global economy, with the US losing nearly 0.4% of its GDP ($97 billion) due to these events. Rising global temperatures increase the frequency and severity of weather events, leading to skyrocketing insurance costs and worsening housing crises. Climate change could reduce the value of the global economy by almost one-third, making the world 31% poorer by the end of the century. Economic losses from temperature rise due to global warming will be far worse than previously calculated, potentially making people 50% poorer by the end of the century. Urgent action is needed to mitigate climate change and its economic consequences. #ClimateChange #EconomicImpact #Adaptation #Mitigation...

#newstr #ClimateChange #NaturalDisasters #ExtremeHeat #Economy #LaborProductivity

https://here.news/story/c5e4196b?ver=0.21
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