Bloomberg: "As Europe Bakes, Heatwaves Are Already Biting Into Paychecks"
by Summer Maxwell
Gernot Wagner, a climate economist at Columbia Business School, says that advances in economic research coupled with climate change’s rapid acceleration now make it easier to pinpoint these costs.
“The compounding effects over time are big enough that they do already show up in economic statistics,” he said. “We are already poorer because of climate change.”
