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The Larry Kudlow Show | 07 08 23

The Larry Kudlow Show

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The Impact of Climate Change on the Global Economy

The IPCC has said that climate change is only one relatively minor determinant of the economic welfare of the globe in the country see you're saying if warming reaches 4.5 degrees about what the un's climate panel projects for 2100 so that's we'll call it 80 years under plausible scenarios for future global emissions the consensus reduction amounts to less than two percent. If average annual gDP growth is one and a half percent for the next 80 years the economy would grow 232 percent as physicists say that's a difference in the noise. The great majority except for two outliers of the 12 conform to the notion of a one percent impact on the u.s. gdp when the temperature goes above uh

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