German climate alarmists claimed in a study published last year in the journal Nature that even if carbon dioxide emissions were radically cut down, so-called climate change would still drive the world economy toward a global GDP reduction of 19%.

The alarmists at the Potsdam Institute for Climate Impact Research suggested further that not only would global annual climate-change damages hit $38 trillion by 2049, but that under a high-emissions scenario, global GDP would be lowered around 60% relative to the baseline in 75 years — an impact reportedly three times larger than previous estimates.

'Most people for the last decade have thought that a 20% reduction in 2100 was an insanely large number. So the fact that this paper is coming out saying 60% is off the chart.'

According to t

See Full Page