claim: A recent Nature study expecting more severe hurricanes from global warming still found that damages would halve from 0.04 per cent to 0.02 per cent of global GDP, because the increased ferocity would be more than made up by increased prosperity and resilience.
evidence: In 2019 the National Bureau of Economic Research found that increase in average global temperature by 0.04 °C per year, in absence of mitigation policies, will reduce world real GDP per capita by 7.22% by 2100.
category: Effects of global warming