Climate change will mean lower incomes, but nowhere near the losses of doing nothing, says a new study., (NewsNation) — Climate change will lower the income of every person in the world in the next quarter-century, no matter what we do to slow it down. That’s the conclusion of a new study from the Potsdam Institute of Climate Impact Research (PIK) in Germany, published in the journal Nature. The study says the world is already headed to a 19% permanent average reduction in incomes due to climate change,
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