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Climate change's hidden price tag: A 12% drop in our present income

Summary by Phys.org
For decades, economists have focused on how climate change will impact the future. New research from Derek Lemoine, APS Professor of Economics in the Eller College of Management, shows the impact is already here: climate change has reduced U.S. income by an estimated 12%.

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Climate change's hidden price tag: A 12% drop in our present income

For decades, economists have focused on how climate change will impact the future. New research from Derek Lemoine, APS Professor of Economics in the Eller College of Management, shows the impact is already here: climate change has reduced U.S. income by an estimated 12%.

·United Kingdom
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Phys.org broke the news in United Kingdom on Tuesday, December 16, 2025.
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