4min chapter

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Doomberg & Steve Keen: The Green New Deal and Energy Security

Forward Guidance

CHAPTER

Is Climate Change a Threat to the Environment?

Economist Nordhaus won a Nobel Prize in 2018 for his work on economic growth as a result of climate change. He saw that 87% of US economic activity took place in carefully controlled environments, little affected by climate change. Other industries such as manufacturing and services are not particularly exposed to climate change. The whole economic literature is like that: Trivia, I understand any of what climate is.

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