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38 trillion dollars in damages each year: World economy already committed to income reduction of 19 % due to climate change

  • ScienceDaily faviconScienceDaily

    Apr 17, 2024, 1:11 pm84 pts
    photo of 38 trillion dollars in damages each year: World economy already committed to income reduction of 19 % due to climate… imageEven if CO2 emissions were to be drastically cut down starting today, the world economy is already committed to an income reduction of 19% until 2050 due to climate change, a new study finds. These damages are six times larger than the mitigation costs needed to limit global warming to two degrees. Based on…
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