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How the climate crisis will affect the U.S. economy: Top economists Jeffrey Sachs, Nouriel Roubini and Mark Zandi discuss
video As the climate crisis continues to pose a global threat, top economists are debating its effect on the U.S. economy. Mark Zandi, chief economist at Moody’s Analytics, projects “physical risks” will be the biggest economic cost over the next 10 to 20 years. These are damages caused by natural disasters, which are now occurring at greater frequencies. Zandi also projects transition costs associated with moving from a fossil fuel-dominated economy to one driven by green energy will put a weight on the U.S. economy. Jeffrey Sachs, an economics professor at Columbia University, says he is more focused on how ... (full story)
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