Weather-Related Disasters Pose a Growing Threat to US Economic Prowess on Nostr: Climate Change's Devastating Impact on the Global Economy =============== #c5e4196b ...
Climate Change's Devastating Impact on the Global Economy
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#c5e4196b ver:0.16
Severe weather disasters caused by climate change have cost the US nearly 0.4% of its GDP, equivalent to $97 billion, and could hinder economic growth. The Philippines loses 3% of its GDP annually to these disasters. A study predicts that climate change will reduce the global economy by 19% by 2049, with damages estimated at $38 trillion. Extreme weather has been underestimated in previous estimates, and carbon taxes should reflect the true social cost of carbon. Shifting to lower carbon options and reforestation are suggested solutions, but there are concerns about the risks of geoengineering. #ClimateChange #EconomicImpact #Adaptation #Mitigation...
#newstr #ClimateChange #Economy #ExtremeWeather #GlobalWarming #CarbonTax
https://here.news/story/c5e4196b?ver=0.16
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#c5e4196b ver:0.16
Severe weather disasters caused by climate change have cost the US nearly 0.4% of its GDP, equivalent to $97 billion, and could hinder economic growth. The Philippines loses 3% of its GDP annually to these disasters. A study predicts that climate change will reduce the global economy by 19% by 2049, with damages estimated at $38 trillion. Extreme weather has been underestimated in previous estimates, and carbon taxes should reflect the true social cost of carbon. Shifting to lower carbon options and reforestation are suggested solutions, but there are concerns about the risks of geoengineering. #ClimateChange #EconomicImpact #Adaptation #Mitigation...
#newstr #ClimateChange #Economy #ExtremeWeather #GlobalWarming #CarbonTax
https://here.news/story/c5e4196b?ver=0.16