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A new study from Scripps Institution of Oceanography finds that factoring ocean damage into climate economics nearly doubles the estimated global cost of climate change, adding close to $2 trillion per year from losses to fisheries, coral reefs, and coastal infrastructure. “It is the first time a social cost of carbon (SCC) assessment — a key measure of economic harm caused by climate change — has included damages to the ocean,” reports Inside Climate News. From the…
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A new study from Scripps Institution of Oceanography finds that factoring ocean damage into climate economics nearly doubles the estimated global cost of climate change, adding close to $2 trillion per year from losses to fisheries, coral reefs, and coastal infrastructure. “It is the first time a social cost of carbon (SCC) assessment — a key measure of economic harm caused by climate change — has included damages to the ocean,” reports Inside Climate News. From the…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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