, 9 tweets, 3 min read Read on Twitter
Climate change isn’t just an ecological crisis — it’s on the verge of creating an economic catastrophe.

This isn’t a new development. Experts have been sounding the alarm on #ClimateCosts for years. A thread.
2012: an alliance of 200 investment institutions controlling $21 trillion of assets calls for climate action and policies that encourage low-carbon investment. telegraph.co.uk/finance/newsby…
2013: economists and scientists estimate the rapid thawing of the Arctic could trigger an economic catastrophe, costing trillions of dollars and undermining the global financial system. theguardian.com/environment/20…
2014: a coalition of financial leaders, including former Treasury secretaries under Presidents Nixon, Clinton, and Bush highlight the extreme risks of climate change to the U.S. economy.
usatoday.com/story/money/bu…
2015: a study found that if we don’t reduce carbon-dioxide emissions, climate change could shrink the global economy by 23 percent by the end of the century. theatlantic.com/politics/archi…
2016: the first time that an environmental risk ranked number one to the global economy. scientificamerican.com/article/top-ec…
2017: yes, I’m sure you could guess — climate change is one of them. cnbc.com/2017/01/11/top…
2018: a report done under Pres. Trump’s own administration warned there would be “growing losses to American infrastructure and property and impede the rate of economic growth” if we don’t make substantial and sustained efforts to mitigate climate change. marketwatch.com/story/climate-…
2019: the alarms are still sounding. If we don’t act now, the cost of the climate crisis will devastate our economy. yaleclimateconnections.org/2019/04/climat…
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