Reuters Falsely Claims Climate Change Worse For Economy Than COVID

[rangerrebew]

 Written by H. Sterling Burnett on Sep 2, 2020. 
Reuters Falsely Claims Climate Change Worse For Economy Than COVID

Among today’s top Google News search results for “Climate Change” is an article by Reuters titled,  “Climate change bigger economic risk than pandemic, ECB’s Schnabel says.”

In it, Reuters interviews Isabel Schnabel, a member of the European Central Bank board, who claims climate change will be worse for the future economy than COVID-19 has been for 2020’s economy, implying central banks should discourage investment in funding fossil-fuel development, and fund so-called green development, instead.

In truth, even the worst-case estimates for climate change would be only a small fraction of the economic harm caused by COVID-19.

https://climatechangedispatch.com/reuters-falsely-claims-climate-change-worse-for-economy-than-covid/