Tectonic motion reshapes Earth’s long-term carbon balance, study argues
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New study finds ocean impacts could add trillions to climate costs by 2100
An interdisciplinary study quantifies the economic toll of ocean degradation and estimates roughly $1.66 trillion per year in traditional market damages by 2100. Incorporating ocean-linked losses into carbon damage estimates sharply raises the social cost of carbon and highlights disproportionate health and economic burdens for island and low-income nations.
New critique argues climate-economics frameworks understate risks and migration-driven spillovers
Researchers challenge mainstream economic models for smoothing and discounting climate harms, saying these choices hide catastrophic risks and non-market consequences. They highlight displacement, migration and omitted pathways such as ocean degradation—whose inclusion raises damage estimates and exposure for small island and low-income states—as nonlinear channels that create early, outsized political and fiscal impacts far before high-end temperature scenarios.