#climateImpact #costAnalysis #endlessGrowthReaction To The McKinsey Climate Change Report - CleanTechnicahttps://cleantechnica.com/2022/01/27/reaction-to-the-mckinsey-climate-change-report/The cost of doing something will also be far less than doing nothing. The insurance firm Swiss Re recently estimated the damage caused by a 2.6°C rise in global temperature by 2050 — which many climate scientists believe is likely to happen — would reduce global GDP by 14%. In October, the climate economist Nicholas Stern said, “The move to net zero can be the great driver of a new form of growth — the growth story of the 21st century.”