Unmitigated Climate Change to Shrink Global Economy by 23 Percent, Researchers Find

CLICK HERE - STUDY - Global non-linear effect of temperature on economic production

reuters.com - by Ben Gruber - November 16, 2015

Berkeley, California (Reuters) When the world heats up, economies around the globe will cool down. That's according to a new study which predicts that rising temperatures due to climate change will wreak havoc on economic output.  

"Our best estimate is that the global economy as a whole will be 23 percent smaller in 2100 than if we would avoid climate change entirely," said co-author of the study Solomon Hsiang, an associate professor of public policy at the University of California Berkeley. 

The study looked at the relationship between temperature and economic activity in 166 countries over a 50 year period.

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CLICK HERE - Berkeley News - Study finds climate change will reshape global economy