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BrikoX@lemmy.zipM to Global News@lemmy.zipEnglish · 1 year ago

Economic damage from climate change six times worse than thought – report

www.theguardian.com

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Economic damage from climate change six times worse than thought – report

www.theguardian.com

BrikoX@lemmy.zipM to Global News@lemmy.zipEnglish · 1 year ago
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  • cross-posted to:
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  • climate@slrpnk.net
  • news@lemmy.world
A 1C increase in global temperature leads to a 12% decline in world gross domestic product, researchers have found

A 1C increase in global temperature leads to a 12% decline in world gross domestic product, researchers have found

Archived version: https://archive.ph/shPHW

Report: https://www.nber.org/system/files/working_papers/w32450/w32450.pdf

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  • Infamousblt [any]@hexbear.net
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    1 year ago

    Honestly, good. Fuck every single capitalist piece of shit who has gone out of their way to accelerate global warming at every turn. They have they most to lose

    • BrikoX@lemmy.zipOPM
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      1 year ago

      I don’t disagree, but at the moment the biggest contributors to global warming are socialist China and socialist/capitalist India.

      • Rom [he/him]@hexbear.net
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        1 year ago

        Which is misleading if you aren’t measuring per capita. Yes, China produces more carbon emissions as a whole, but that’s to be expected when their population is over 4x higher than the US’s. The per capita numbers tell a different story: https://ourworldindata.org/grapher/per-capita-ghg-emissions

        Also, China is taking climate change seriously and actually trying to do something about it: China added more solar panels in 2023 than US did in its entire history

        To contrast to the US: United States produces more crude oil than any country, ever

        • Infamousblt [any]@hexbear.net
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          1 year ago

          Also the US just put massive import taxes on solar panels and EVs, two technologies that could really make an impact on slowing down the problem.

          Also the US exports more methane gas than any country on earth. Methane is 30x more powerful a greenhouse gas than CO2. CO2 only tells part of the story

          • Rhaedas@fedia.io
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            1 year ago

            US exports methane to other countries…and in producing methane also exports it into the atmosphere in leaks everywhere.

            Also, the 30x CO2 number for methane is a long term average over 100 years, and probably at this point inaccurate as methane amounts grow. Methane breaks down at a limited rate, and as more and more methane enters the air that rate decreases as the radicals that act upon the molecules get depleted. So not only does the 30x go up for 100 years, the 84x for 20 years and the over 100x for the first few years also go up. Which is a feedback, causes more warming and more methane and other gases. Etc., etc.

      • Lemmygradwontallowme [he/him, comrade/them]@hexbear.net
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        1 year ago

        maybe now, but even disregarding per capita

        na-factcheck muna si Rappler…

      • Infamousblt [any]@hexbear.net
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        1 year ago

        And why is that do you think?

  • ShimmeringKoi [comrade/them]@hexbear.net
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    1 year ago

    oH MYGOD, SUDDENLY ITS A REAL PROBLEM!

    • MyTurtleSwimsUpsideDown@fedia.io
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      1 year ago

      You say problem, I say opportunity!

      ~every executive right now

  • metaStatic@kbin.social
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    1 year ago

    Only 6 times? those are rookie numbers.

    • Albbi@lemmy.ca
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      1 year ago

      Don’t worry, the CEOs are working to pump those numbers way up.

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