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Climate Study Widely Used by Central Banks Retracted Over Errors

Potsdam Institute researchers revised mid-century global income loss due to climate change from 19% to 17% after correcting data errors, increasing uncertainty in impact estimates.

  • Researchers at Germany's Potsdam Institute for Climate Impact Research revised their forecast of a drop in global income due to climate change from 19% to 17% by 2050, citing data errors as the reason for the change.
  • The probability that fixing climate damage will cost more than building resilience has been lowered from 99% to 91%.
  • Max Kotz emphasized that climate change will severely harm the global economy, particularly impacting low-income areas with minimal emissions.
  • Gernot Wagner mentioned that home insurance premiums in the U.S. have doubled over the last decade due to climate risks, which are expected to increase further.
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The journal Nature retraces a research on catastrophic damage: "Superstimates." Conspiracy theories on climate fraud flourish. "The professor of the Polytechnic: "No loss of credibility, science works like this"

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  • 51% of the sources lean Right
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Nature broke the news in United Kingdom on Wednesday, December 3, 2025.
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