The economic cost of carbon emissions is far higher than previously estimated, said a new study Wednesday that links big polluters to tens of trillions of dollars in climate-related damages worldwide.
The study in the journal Nature measures how human-caused warming affects economic growth and assigns a share of global damages to specific emitters — from major economies to oil giants.
The findings land as a growing wave of lawsuits seek to hold fossil fuel producers and other carbon-heavy businesses accountable for climate “loss and damage”.
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**From AFP:**
The economic cost of carbon emissions is far higher than previously estimated, said a new study Wednesday that links big polluters to tens of trillions of dollars in climate-related damages worldwide.
The study in the journal Nature measures how human-caused warming affects economic growth and assigns a share of global damages to specific emitters — from major economies to oil giants.
The findings land as a growing wave of lawsuits seek to hold fossil fuel producers and other carbon-heavy businesses accountable for climate “loss and damage”.
Read more: [https://www.yahoo.com/news/articles/study-links-major-polluters-big-160549361.html?ncid=redditnewsus](https://www.yahoo.com/news/articles/study-links-major-polluters-big-160549361.html?ncid=redditnewsus)