Question to the Department for Energy Security & Net Zero:
To ask His Majesty's Government, following the publication in Environmental Research Letters on 31 March of Reconsidering the macroeconomic damage of severe warming, what assessment they have made of the finding that global warming will have a significant negative impact on the size of the global economy.
The latest Synthesis Report from the Intergovernmental Panel on Climate Change (IPCC) stated that it is unequivocal that human activities, principally through emissions of greenhouse gases, have warmed the atmosphere, ocean and land, and that widespread and rapid changes to the climate have occurred. The IPCC also found that projected net economic damages generally increase non-linearly with global warming levels and that economic impacts could be higher than previous estimates.