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The Conversation
The Conversation
Timothy Neal, Senior lecturer in Economics and the Institute for Climate Risk and Response, UNSW Sydney

Climate change has already made Australians in one state much poorer, and more’s to come

Climate Change United States New South Wales Economy

The world’s hottest years over the past decade have coincided with stagnant economic productivity, rising prices and geopolitical instability.

Is this just coincidence or has the current level of climate change been one of the drivers? Climate change is often framed as a problem for the future. But how much economic damage has today’s current level of ~1.35°C of warming already caused?

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