US has caused $10tn worth of climate damage since 1990, research finds
202By Oliver Milman , The Guardian. Excerpt: The US has caused an eye-watering $10tn in global damages to the world over the past three decades through its vast planet-heating emissions , with a quarter of this economic pain inflicted upon itself, new research has found. By being the largest carbon emitter in history, the US has caused greater harm to worldwide economic growth than any other country, ahead of China, now the world’s largest emitter that is responsible for $9tn in GDP damage since 1990, according to the findings of the paper. About 25% of this GDP dampening has occurred in the US itself, although other countries have borne a heavy toll, with economic losses disproportionately felt in the poorest countries. Since 1990, US emissions have caused an estimated $500bn of economic damage to India and $330bn in damage to Brazil, the research finds. ...The new study , published in Nature on Wednesday, attempts to attach dollar amounts to “loss and dam...