Benefits of Accelerating the Climate Transition Outweigh the Costs | Climate Change Indicators Dashboard shows that avoiding physical damage from climate change can have sizable benefits (www.imf.org)
cross-posted from: slrpnk.net/post/4665447...
Global Fossil Fuel Subsidies Surged to Record $7 Trillion in 2022, the IMF says (www.imf.org)
As the world struggles to restrict global warming to 1.5 degrees Celsius and parts of Asia, Europe and the United States swelter in extreme heat, subsidies for oil, coal and natural gas are costing the equivalent of 7.1 percent of global gross domestic product. That’s more than governments spend annually on education (4.3...