OBR: Economic cost of climate change likely 'more severe' than previously thought

Stuart Stone
clock • 4 min read
Credit: iStock
Image:

Credit: iStock

Risks associated with climate change mitigation and damage could increase public debt by up to 74 per cent of GDP by 2073, OBR estimates

An increase in global temperatures of close to 3C above pre-industrial levels would damage Britain's economy more than previously assumed, the Office for Budget Responsibility (OBR) has warned. According...

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