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The Disbenefits of Climate Change
The UN estimate will be 450% as rich by the end of the century as we are today. But because of global warming, it'll feel like we're not 450%, but only 434%. We should absolutely remember they're both benefits and disbenefits from climate change. And there are more disbenefits than benefits. That's why it's a problem. But not talking about the benefits is also a very, very dangerous way of trying to think about it.