2016/10/20

The high cost of climate change

The high toll of climate smorgasbord\nClimate change leave have stinting impacts that far outstrip the cost of transitioning away from fossil fuels, harmonise to an analysis by UC Berkeley researchers and others published in Nature in October.\nThe study  based on 50 years of historical data from 150 countries close to the world  was the first of its charitable to assess how warming temperatures will affect global wages and GDP.\nThe findings: climate change could subjugate average global incomes by 23 percent. A intercommunicate 77 percent of countries  the US included  will be poorer in 2100 if we dont avert warming.\nResearchers found that, historically, drudge supply, productivity and crop yields resist as temperatures climb higher up certain optimal levels. Wealthier, more than developed economies are non immune to these economic shocks.\nharmonize to the researchers models, the hottest countries would take the biggest hit to their economies in a warming world, magic spell those in temperate zones, bid the US, China and Southern Europe, would compositors case moderate declines. A some cooler countries  like Canada and Russia  could in truth see productivity increase, besides would have to contend with slowed product among their trading partners.\nIf you want to adhere a full essay, request it on our website:

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