Runaway climate change could have severe economic consequences

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Runaway climate change could have severe economic consequences – CBS News

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The global economy is at risk of catastrophic damage if the U.S. and other countries fail to make immediate pledges to combat climate change. A recent CBS News article explains how each degree of global warming could drive up costs. CBS News MoneyWatch reporter Irina Ivanova co-authored the report and joins CBSN’s Lana Zak to explain the major implications.

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