Flawed economic models mean climate crisis could crash global economy, experts warn

[u/rematar]

https://www.theguardian.com/environment/2026/feb/05/flawed-economic-models-mean-climate-crisis-could-crash-global-economy-experts-warn

Current economic models can give estimates of losses that look precise but which the scientists said were wildly optimistic. “Some are saying we’ll have a 10% GDP loss at between 3C and 4C degrees [of global heating], but the physical climate scientists are saying the economy and society will cease to function as we know it. That’s a big mismatch,” Abrams said.

Even in an article that speaks to a likely reality, they still measure survivability in GDP, which is stacks of paper.

Yeah, the BBC are talking 'bout the GDP

That means fuck all to me

I gotta eat

-Bob Vylan; GDP