We’re massively underestimating climate costs, experts warn

Grist
By John UptonJun 16, 2014, 7:10 pm36 pts
Crank up global temperatures by 30-odd degrees and humans could plummet toward extinction. Yet one of the world’s most cited economic models on climate-change effects projects just a 50 percent reduction in global economic output if temperatures rise that much. That’s an example of how substantially…

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