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08-23-2016, 02:15 AM
Climate change could cost millennials trillions of dollars in lifetime income
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Americans in their 20s and 30s could lose trillions of dollars in potential lifetime earnings as climate change disrupts the global eco**my and weakens U.S. productivity, according to a new report (https://nextgenclimate.global.ssl.fastly.net/wp-content/uploads/2016/08/NGC-Report-The-Price-Tag-of-Being-Young-2016-0820-single-pages-1-1.pdf) by NextGen Climate said.
If countries fail to reduce greenhouse gas emissions and limit the amount and pace of global warming, a 21-year-old college graduate today could lose $126,000 in lifetime wages and $187,000 in long-term savings and investments, the report found.
This would outrank the lost income due to student debt or wage stagnation.
SEE ALSO: The story behind the star-studded film that schooled Donald Trump on climate change (http://mashable.com/2016/07/27/climate-change-documentary-dnc/?utm_campaign=&utm_context=textlink&utm_medium=rss&utm_source=) Read more... (http://mashable.com/2016/08/22/climate-change-cost-millennials-trillions/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about 2016 Election (http://mashable.com/category/2016-election/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Donald Trump (http://mashable.com/category/donald-trump/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Hillary Clinton (http://mashable.com/category/hillary-clinton/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Nextgen (http://mashable.com/category/nextgen/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Tom Steyer (http://mashable.com/category/tom-steyer/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/WI8SUsWyjro
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Americans in their 20s and 30s could lose trillions of dollars in potential lifetime earnings as climate change disrupts the global eco**my and weakens U.S. productivity, according to a new report (https://nextgenclimate.global.ssl.fastly.net/wp-content/uploads/2016/08/NGC-Report-The-Price-Tag-of-Being-Young-2016-0820-single-pages-1-1.pdf) by NextGen Climate said.
If countries fail to reduce greenhouse gas emissions and limit the amount and pace of global warming, a 21-year-old college graduate today could lose $126,000 in lifetime wages and $187,000 in long-term savings and investments, the report found.
This would outrank the lost income due to student debt or wage stagnation.
SEE ALSO: The story behind the star-studded film that schooled Donald Trump on climate change (http://mashable.com/2016/07/27/climate-change-documentary-dnc/?utm_campaign=&utm_context=textlink&utm_medium=rss&utm_source=) Read more... (http://mashable.com/2016/08/22/climate-change-cost-millennials-trillions/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about 2016 Election (http://mashable.com/category/2016-election/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Donald Trump (http://mashable.com/category/donald-trump/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Hillary Clinton (http://mashable.com/category/hillary-clinton/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Nextgen (http://mashable.com/category/nextgen/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Tom Steyer (http://mashable.com/category/tom-steyer/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/WI8SUsWyjro