Economists 'grossly underestimating' cost of climate change, warns Lord Stern

Jessica Shankleman
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Current models fail to account for permafrost melt or war and wrongly assume stable growth amid global warming

Many economists are grossly underestimating the future costs of climate change by assuming standard growth models and failing to take account of risks such as permafrost melt and the cost of mass migration....

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Jessica Shankleman
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