Economists weigh in on the merits of net-zero climate goals: Survey

A growing number of climate economists say the world should take “immediate and drastic action” to tackle climate change, according to a survey published Tuesday.

Failing to do so could cost the world some $1.7 trillion a year by the middle of this decade, escalating to about $30 trillion a year by 2075, according to estimations by the 738 economists from around the world surveyed by New York University’s Institute for Policy Integrity.