The US has already lost 12% of its current income due to climate change. Most studies project future losses, but new research from the University of Arizona has calculated the costs to date.
news.arizona.edu/news/cli….
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news.arizona.edu
Climate change's hidden price tag: a drop in our income
By linking decades of weather and income data, University of Arizona economist Derek Lemoine shows how routine temperature shifts have already become an economic force.
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