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Podcast: γ¬γ’γΈγ§γθ±δΌθ©± Daily News Article Podcast
Episode: Researchers slightly lower studyβs estimate of drop in global income due to climate change
Description: The authors of a study that examined climate change's potential effect on the global economy said that data errors led them to slightly overstate an expected drop in income over the next 25 years.
The researchers at Germany's Potsdam Institute for Climate Impact Research, writing in the journal Nature in 2024, had forecast a 19% drop in global income by 2050. Their revised analysis puts the figure at 17%.
The authors also said in their original work that there was a 99% chance that, by midcentury, it would cost more to fix damage from climate change than it would cost to build resilience. Their new analysis...