THE JOLLY BUCCANEERS

The huge strain caused by the climate crisis could cause an economic recession “the likes of which we’ve never seen before,” a US study has warned.

The increase in prevalence of extreme weather, bringing deadly heatwaves, more severe storms, and causing wildfires and floods, is insufficiently accounted for in financial markets, raising the possibility of a sudden correction when serious problems arise, according to new research from University of California.

TO BE CONTINUED ON

https://www.independent.co.uk/environment/climate-change-crisis-economic-recession-weather-sea-level-a9341826.html

This entry was posted on February 23, 2020 at 1:07 am and is filed under 2020, Extreme Weather with tags Changes, Climate Change, Death Toll, Economy, Environment, Extreme Weather, Floods, Wildfires. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.