
How much do temperature changes harm the economy? New @mattkahn1966 & @KamiarMohaddes have a helpful chart comparing their new paper with previous estimates. HT @tylercowen https://t.co/hn8ZxpiFcJ pic.twitter.com/TDq7n0yNZf
— James Coleman (@EnergyLawProf) August 25, 2019
Specifically, we show that if #temperature rises (falls) above (below) its historical norm by 0.01°C annually, income growth will be lower by around 0.05 percentage points per year.
More here: https://t.co/r9WEuzXivN #ClimateChange. 2/2
— Kamiar Mohaddes (@KamiarMohaddes) August 27, 2019
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