On the recordMarch 22, 2021
Climate change poses very severe risks to the well-being of humanity, and it is a global problem that demands a global solution.
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congress.govClimate change poses very severe risks to the well-being of humanity, and it is a global problem that demands a global solution.
Janet Yellen emphasizes the global urgency of addressing climate change and its risks.
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The most recent and optimistic estimate I’ve seen suggested that the average household will see on the order of $1,000 reduction in income.
I am optimistic, because I believe that the big inflationary impulse that we saw in 2022 largely was global.