The Climate Historian • 0 implied HN points • 18 Apr 24
- Climate change will likely cause a huge drop in global income, around 19% in the next 25 years. That's a lot of money we're talking about, around $38 trillion each year by 2049.
- Developing countries will suffer the most from climate change, facing income losses that could be 61% worse than those in richer nations. It's unfair that those who did the least to cause the problem will feel the biggest impact.
- We need to act fast and cut down on carbon emissions. The costs of not doing anything will be higher than what we need to spend to prevent warming.