The main outcomes of the paper are that:
- A 1C increase in global temperature leads to a 12% decline in world gross domestic product, which in turns means that
- The costs of rising global temperatures are so high, wealthy countries like the US have a strong incentive in unilaterally reducing carbon emissions. Environmental policies are not simply sound of mind, they're outright "economically" beneficial in the long term
https://www.theguardian.com/environment/article/2024/may/17/economic-damage-climate-change-report
- A 1C increase in global temperature leads to a 12% decline in world gross domestic product, which in turns means that
- The costs of rising global temperatures are so high, wealthy countries like the US have a strong incentive in unilaterally reducing carbon emissions. Environmental policies are not simply sound of mind, they're outright "economically" beneficial in the long term
https://www.theguardian.com/environment/article/2024/may/17/economic-damage-climate-change-report
the Guardian
Economic damage from climate change six times worse than thought – report
A 1C increase in global temperature leads to a 12% decline in world gross domestic product, researchers have found
Reuters - Pro Israel headline
https://www.tumblr.com/probablyasocialecologist/758708020844822528?source=share
https://www.tumblr.com/probablyasocialecologist/758708020844822528?source=share