New study calculates climate change's economic bite will hit about $38 trillion a year by 2049apnews.com A new study says climate change will reduce future global income by about 19% in the next 25 years compared to a fictional world that’s not warming.
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The economic commitment of climate change - Naturewww.nature.com Analysis of projected sub-national damages from temperature and precipitation show an income reduction of 19% of the world economy within the next 26 years independent of future emission choices.