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  • Not only does it harm the environment, but climate change could have a strong negative impact on the US economy as well, and even that by as much as 20% drops in income if current trends continue, according to a study published in the Journal Science on Thursday. Public Policy professor Solomon Hsiang, principal author of the study says that large-scale economic losses and potentially the greatest transfer of wealth from the poor to the rich in American history is about to take place soon if climate change is not taken seriously.


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