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Economics

Higher costs of climate change

An attempt to reconcile the effects of temperature on economic productivity at the micro and macro levels produces predictions of global economic losses due to climate change that are much higher than previous estimates. See Letter p.235

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Figure 1: Dry fields in Shanxi province, northern China.

Ashley Cooper/Robert Harding Picture Library

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References

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Correspondence to Thomas Sterner.

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Sterner, T. Higher costs of climate change. Nature 527, 177–178 (2015). https://doi.org/10.1038/nature15643

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  1. To the editor:
    Economy and reservoirs: a biological effect that should be considered
    The Sterner's article (1) [Economics: Higher costs of climate change, Nature], focuses on the analytical study of the non-linear relation between microeconomics and macroeconomics, based on the climate change in the world. It highlights that particularly poor countries will have the greatest impact, and that the current estimate is conservative, so the effect on developed countries will be greater than estimated.
    In our view, the biological factor should also be considered. In the equatorial zone, between the tropics of Cancer and Capricorn, is located the region with greater diversity of flora and fauna of the planet. It is also a reservoir of microorganisms that cause major diseases, e.g. malaria (2), and (3) Ebola, among others. This region is not well studied or understood; however, today it impacts worldwide and not only locally. Therefore, it is important to consider this factor and add this information to the economic models.
    Sincerely yours,
    Carlos Polanco, Ph.D., D.Sc. (*,a)
    Rocio Arreguín Nava, Ph.D. Candidate (b)
    (a) Universidad Nacional Autónoma de México, México City, México.
    (b) Universidad Autónoma de Querétaro, México.

    Carlos Polanco is an Associate Professor in the Facuty of Sciences at Universidad Nacional Autónoma de México, México City, México. (polanco@unam.mx).
    Rocio Arreguín Nava is an Associate Professor in the Division de Posgrado e Investigación at Universidad Autónoma de Querétaro. México.

    References
    1. Sterner, T. Nature (2015) DOI:10.1038/nature15643
    2. Callaway, E. and Maxmen, A. Nature DOI:10.1038/nature.2015.18638
    3. Carrol, M.W. Nature 524, 97-101.

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