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The UN Climate Panel finds that if we do nothing, the total impact of climate in the 2070s will be equivalent to reducing incomes by 0.2-2 percent. Given that b
by missedthecue 6y ago
The UN Climate Panel finds that if we do nothing, the total impact of climate in the 2070s will be equivalent to reducing incomes by 0.2-2 percent. Given that by then, each person is expected to be 363 percent as rich as today, climate change means we will “only” be 356 percent as rich.
Meanwhile, the US wants to spend $500 billion per year and the EU 25% of all government revenue on fighting it, annually. You sure that's orders of magnitude difference?