> Of course, the losses arent, expected to be evenly distributed among countries, regions, etc., so if you aren't a well-diversified capitalist (say you are working class) and in the wrong place or industry, you have a good chance at seeing dramatically* greater impacts.
Yes, averages hide a lot of variance.
Of course, this is another good reason in favour of allowing freer migration around the globe.
From the perspective of the people in places likely to see lesser adverse impacts, its a reason against freer inbound migration.
Of course, now we'd have to discuss who 'you' is. If you are talking about individual people, or about eg some statistical measure of the country or county as a whole.
See also https://openborders.info/keyhole-solutions/ which would suggest to eg just charge people to immigrate.
Well, no, the planet will not be destroyed. The issue is the lifestyle of the semi-hairless apes on the planet.
> https://en.wikipedia.org/wiki/Economic_impacts_of_climate_ch... and the more alarmist https://www.weforum.org/agenda/2021/06/impact-climate-change... say that the global economic impact of climate change will likely amount to about 10% of world GDP, and perhaps as much as 20%
No, its that it will grow to that share by 2050 (which is less than 30 years away) and keep growing.
> At a (somewhat generous) 3% baseline growth rate,
At a fairly generous 3% baseline growth rate, 2.35× current world GDP, for a projected population of 9.7 billion to todays 7.9 billion, so (pre-climate change impacts) a little under double the current GDP/capita.
Of course, the losses arent, expected to be evenly distributed among countries, regions, etc., so if you aren't a well-diversified capitalist (say you are working class) and in the wrong place or industry, you have a good chance at seeing dramatically* greater impacts.