Yesterday, as we were discussing the environmental costs of a meat-based diet and the alarming projection of global meat consumption to double by 2050, one of my commenters made an excellent point — that it is not reasonable to expect present trends to continue for decades, because those very trends are leading us toward massive disruptions on a global scale.
See ➡️ https://kolektiva.social/@TobiWanKenobi/113832882872801526
To amplify that point, here is a sobering article about a new actuarial report warning about the terrible losses we face in the years ahead, not just economically, but in human lives...
The global economy could face 50% loss in gross domestic product between 2070 and 2090 from the catastrophic shocks of climate change unless immediate action by political leaders is taken to decarbonise and restore nature, according to a new report.
The stark warning from risk management experts hugely increases the estimate of risk to global economic well-being from climate change impacts such as fires, flooding, droughts, temperature rises, and nature breakdown.
Without urgent action to accelerate decarbonisation, remove carbon from the atmosphere and repair nature, the plausible worst-case hit to global economies would be 50% in the two decades before 2090, the report said.
At 3C or more of heating by 2050, there could be more than 4 billion deaths, significant sociopolitical fragmentation worldwide, failure of states (with resulting rapid, enduring, and significant loss of capital), and extinction events.
In my opinion, if we do reach 3C of heating by 2050 and see more than 4 billion deaths, there is no way society as we know it will continue. And by the time 2070 arrives, there will be no global economy left to suffer that projected drop in GDP.
FULL ARTICLE -- https://www.theguardian.com/environment/2025/jan/16/economic-growth-could-fall-50-over-20-years-from-climate-shocks-say-actuaries
[#]Economics #Science #Environment #Climate #ClimateChange #ClimateCrisis
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