Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Climate change could shave off 3% of the world economy, study finds

  • Print Alex Jones Show podcast Prison Planet TV Infowars store

November 20, 2019

Climate change could shave off 3% of world growth over the next 30 years, according to a study from the Economist Intelligence Unit.

Africa, South America and the Middle East are likely to be impacted the hardest by climate change, the report states. This is because they have higher average temperatures and smaller economies in size, making them more vulnerable to the impact of climate change.

The International Monetary Fund expects global growth to reach 3% this year, its lowest level since the global financial crisis.

However, the United States – the world’s largest economy, would not escape to the effects of climate change.

The U.S. could see its growth rate reduced by more than 1% over the next three decades as a result of climate change. The National Bureau of Economic Research had highlighted in August that growth per capita in the U.S. could shrink by 10.5% over the next 81 years amid expected higher temperatures across the globe.

“The EIU’s climate change model calculates that by 2050, the U.S. economy will be 1.1% smaller than it would have been in the absence of climate change,” the EIU report said.

Read more

This article was posted: Wednesday, November 20, 2019 at 7:50 am

Infowars.com Videos:

The Truth About the 'ISIS Bride' See the rest on the Alex Jones YouTube channel.

Jussie Smollett is a Complete Idiot See the rest on the Alex Jones YouTube channel.

https://www.youtube.com/embed/Rfi2O9yTCKI https://www.youtube.com/embed/NFYfqkrshp4

© 2020 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.