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Climate change to cause 19pc income drop by 2050, even with CO2 cuts

Even if CO2 emissions were to be drastically cut down starting today, the world economy is already committed to an income reduction of 19 per cent until 2050 due to climate change, a new study published in “Nature” finds.

United statesLeonie wenzAnders levermannMaximilian kotzPotsdam institute for climate impact researchHead of research department complexity scienceEuropean unionPotsdam instituteClimate impact researchNorth americaSouth asiaResearch department complexity science

Annual Costs From Climate Change Set To Total €35 Trillion: Study

A study by PIK has estimated that the economy faces $38 trillion (€35.61 trillion) in damages each year due to the effects of climate change.

United statesLeonie wenzMaximilian kotzCompanies get green light to use offsetsPotsdam institute for climate impact researchPotsdam instituteClimate impact researchNorth americaSouth asiaClimate change

With Climate Damages At $38trn Annually, The Economy Needs Action Now

With Climate Damages At $38trn Annually, The Economy Needs Action Now
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Weekly Climate and Energy News Roundup #595

"Without liberty, law loses its nature and its name, and becomes oppression. Without law, liberty also loses its nature and its name, and becomes licentiousness." James Wilson (1790)

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Put the eco back in economy

Put the eco back in economy
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France generalUnited statesJohn woodsideLeonie wenzCanadian association of petroleum producersPituamkek national parkCanadian climate institutePotsdam institute anders levermannPotsdam institute for climate impact researchOjibway national urban park in ontarioCanadian centre for policy alternativesInflation reduction actCanadian centrePolicy alternativesGreat bear seaOjibway national urban park