Study: Climate Change Will Cost $38 Trillion a Year By 2049

  • 2 months ago
A new study suggests that left unchecked, climate change will come with a hefty price tag. The study, published in 'Nature,' found that climate change will cost $38 trillion dollars a year by 2049. Compared to a world with no warming, researchers at the Germany's Potsdam Institute for Climate Impact Research calculated that global GDP will be 19 percent lower.