“The impact of climate change is relatively small. The average impact on welfare is equivalent to losing a few per cent of income. That is, the impact of a century worth of climate change is comparable to the impact of one or two years of economic growth.” YearsTwoGrowthEconomicCenturyLosingImpactClimateClimate ChangeAverageIncomeWelfareTwo YearsCentsEconomic Growth Author:Richard Tol
