CLIMATE CHANGE In 2018, the Intergovernmental Panel on Climate Change (IPCC) released a “dire” prediction that climate change could depress GDP by 10 percent in eighty years. That might be the best news you have heard on the topic, albeit disguised as terrible news. In eighty years, the world is likely to be five to ten times wealthier, assuming normal trends, and we wouldn’t even notice we were 10 percent worse off than we might have been without climate change.
