{"id":27482,"date":"2024-05-20T11:20:51","date_gmt":"2024-05-20T09:20:51","guid":{"rendered":"https:\/\/www.co2news.sk\/?p=27482"},"modified":"2024-05-20T11:21:12","modified_gmt":"2024-05-20T09:21:12","slug":"climate-crisis-economic-damage-6-times-worse-than-previously-expected","status":"publish","type":"post","link":"https:\/\/www.co2news.sk\/en\/2024\/05\/20\/climate-crisis-economic-damage-6-times-worse-than-previously-expected\/","title":{"rendered":"Climate crisis, economic damage 6 times worse than previously thought"},"content":{"rendered":"<p>In terms of economic damage, the climate crisis may be six times worse than previously thought. According to new research, global warming is reducing wealth at a rate corresponding to the level of financial losses of permanent war. It is clear that the researchers are only referring to the economic losses and not the endless suffering and death that war causes. New research they conducted\u00a0 <span class=\"page-header__author-item\">Adrien Bilal\u00a0<\/span><span class=\"page-header__author-item\">\u00a0and Diego R. K\u00e4nzig, economists from Harvard and Northwestern University, showed that a 1\u00b0C increase in global temperature leads to a 12 % decline in global gross domestic product (GDP), a much higher estimate than previous analyses. The world has already warmed by more than 1\u00b0C since pre-industrial times, and many climate scientists predict a 3\u00b0C increase by the end of this century due to continued fossil fuel consumption. (<em>More on <a href=\"https:\/\/www.iconameteo.it\/news\/notizie-mondo\/crisi-climatica-danni-economici-6-volte-peggiori-di-quanto-si-pensasse\/\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #0000ff;\">iconameteo.it<\/span><\/a><\/em>)<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>The climate crisis could be six times worse in economic terms than previously thought. Global warming is expected to reduce wealth at a rate comparable to the financial losses of permanent war, according to new research. It is clear that the researchers are only referring to economic losses, not the endless suffering and death that war causes. The new research, conducted by Adrien Bilal and Diego R. K\u00e4nzig, economists [\u2026]<\/p>","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-27482","post","type-post","status-publish","format-standard","hentry","category-klimaticka-zmena"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/27482","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/comments?post=27482"}],"version-history":[{"count":0,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/27482\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/media?parent=27482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/categories?post=27482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/tags?post=27482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}