Top economists discuss the climate crisis's economic impact on the US, with Zandi projecting physical risks as the largest cost and Sachs focusing on a 25-year clean energy transition.
Top economists discuss the impact of the climate crisis on the US economy. Mark Zandi, chief economist at Moody's Analytics, projects physical risks (natural disasters) as the largest economic cost over the next 10-20 years, with transition costs from fossil fuel to green energy also weighing on the economy. Jeffrey Sachs, an economics professor at Columbia University, focuses on how a global clean energy transition is possible within 25 years.
March 17, 2024
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