…….Because climate change has been and will certainly continue to be variable across the globe, the economic consequences are likewise variable. Some regions are likely to experience a net benefit in many respects, while others are likely to suffer much more serious changes that pose great economic threats. Warming in some areas might lead to a gain in some sectors of the economy, while in others areas, warming might cause a significant economic loss in that same sector. Our goal in this section is to get a sense of what these costs are on a global basis, without losing sight of the fact that the story varies from region to region…..
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