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The Times Australia

Have some economists severely underestimated the financial hit from climate change? Recent evidence suggests yes

  • Written by: Timothy Neal, Senior lecturer in Economics / Institute for Climate Risk and Response, UNSW Sydney
Have some economists severely underestimated the financial hit from climate change? Recent evidence suggests yesShutterstock

Scientists say severe climate change is now the greatest threat to humanity. Extreme weather is expected to upend lives and livelihoods, intensifying wildfires and pushing ecosystems towards collapse as ocean heatwaves savage coral reefs. The threats are far-reaching and widespread.

So what effect would you expect this to have on the...

Read more: Have some economists severely underestimated the financial hit from climate change? Recent evidence...

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