The paper is here:

Using an empirical approach that provides a robust lower bound on the persistence of impacts on economic growth, we find that the world economy is committed to an income reduction of 19% within the next 26 years independent of future emission choices (relative to a baseline without climate impacts, likely range of 11–29% accounting for physical climate and empirical uncertainty). These damages already outweigh the mitigation costs required to limit global warming to 2 °C by sixfold over this near-term time frame and thereafter diverge strongly dependent on emission choices.

  • Optional@lemmy.world
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    7 months ago

    Oh, and destroy the only planet you’ve ever known or will know.

    But, yes, you will also have less purchasing power.

    • silence7@slrpnk.netOPM
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      7 months ago

      This speaks directly to the “it would cost too much to do anything” people — it’s a lot less costly to phase out fossil fuels than not.