YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
A new study from Cornell University and investment manager Schroders predicts the fashion industry could be facing big losses of potential earnings due to extreme weather.
The study projects $65 billion in lost earnings by 2030.
Extreme heat and flooding are expected to reduce exports from the top garment producing countries, with Bangladesh, Pakistan, Vietnam and Cambodia being the most at risk, according to the report.
Read more from CNN Business.
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$65B is not a lot considering that global warming is an existential threat to all humans. If we all die, what's the estimated loss?
*cue the eyerolls from the science deniers that haven't read a single peer-review study on climate but think that I (an actual scientist) am an idiot*