this post was submitted on 17 May 2024
107 points (96.5% liked)

News

22839 readers
3916 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
 

A 1C increase in global temperature leads to a 12% decline in world gross domestic product, researchers have found

The economic damage wrought by climate change is six times worse than previously thought, with global heating set to shrink wealth at a rate consistent with the level of financial losses of a continuing permanent war, research has found.

A 1C increase in global temperature leads to a 12% decline in world gross domestic product (GDP), the researchers found, a far higher estimate than that of previous analyses. The world has already warmed by more than 1C (1.8F) since pre-industrial times and many climate scientists predict a 3C (5.4F) rise will occur by the end of this century due to the ongoing burning of fossil fuels, a scenario that the new working paper, yet to be peer-reviewed, states will come with an enormous economic cost.

A 3C temperature increase will cause “precipitous declines in output, capital and consumption that exceed 50% by 2100” the paper states. This economic loss is so severe that it is “comparable to the economic damage caused by fighting a war domestically and permanently”, it adds.

top 6 comments
sorted by: hot top controversial new old
[–] SnotFlickerman@lemmy.blahaj.zone 17 points 3 months ago (2 children)

Won't someone think of the economy! /s

[–] qantravon@lemmy.world 9 points 3 months ago

I mean, if it convinces people to actually do something about the climate? Yeah, let's crow about it.

A lot of the remaining resistance to fighting against climate change is made based on a "it's too expensive" or "companies would lose too much profit" argument. If we can tell them they'd lose more if they don't help? They might do something.

[–] barsquid@lemmy.world 8 points 3 months ago (1 children)

I mean, if that gets it done, that'd be great. Unfortunately the dinosaurs with billions of dollars don't give a shit about the long term when they can increase their wealth right now.

[–] girlfreddy@lemmy.ca 3 points 3 months ago (1 children)

I have a pet conspirarcy theory about that ... the singular reason they're raping the economy (meaning us) is that they need to be high enough up the ladder to be picked for a seat on the Mars/moon shuttles to their new homes. Otherwise they risk having to stay down here and drown/starve/roast to death with the rest of us.

[–] barsquid@lemmy.world 3 points 3 months ago

There is no way they will make another orb comfortable to be on within their lifetimes.

They won't have yachts, five-star hotels, fine dining. There would be, what, hundreds of people at most? They won't have the small armies of staff. They will have to do their fair share of the labor. They would be trapped in a single frigid biodome eating goo from tubes and leaving only briefly in a spacesuit to wipe down solar panels outside.

Anyone planning to escape climate change by fleeing the planet is so astronomically wrong. It is far cheaper and easier to fix this climate than it is to terraform Mars.

[–] DeprecatedCompatV2@programming.dev 1 points 3 months ago* (last edited 3 months ago)

scenario that the new working paper, yet to be peer-reviewed, states will come with an enormous economic cost. A 3C temperature increase will cause “precipitous declines in output, capital and consumption that exceed 50% by 2100” the paper states.

Is this journalism?