Climate change to shrink economies of rich, poor, hot and cold countries alike unless Paris Agreement holds

Detrimental economic effects of global warming are likely to go beyond those being discussed in policy circles -- particularly for wealthier nations, say researchers. Study suggests that 7% of global GDP will disappear by 2100 as a result of business-as-usual carbon emissions -- including over 10% of incomes in both Canada and the United States.

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