3 Articles
3 Articles
4 Degree Celsius Rise In Temperature May Cut Global GDP By 40%: Study
A team of Australian researchers on Tuesday said that 4-degree Celsius rise in global temperatures would cut world GDP by around 40 per cent by 2100 - a sharp increase from previous estimates of around 11 per cent. New projections by the University of New South Wales (UNSW) Institute for Climate Risk and Response (ICRR) - published in the journal Environmental Research -- fixes an oversight in the current economic model underpinning global clima…
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