How much Americans’ incomes could shrink because of global warming

In a round-about way, the authors have proven the climate change hoax is about taking America down.

Your grandchildren may pay a bigger price for global warming than you thought.

A hotter Planet Earth will cool down national economies, according to fresh research from scientists at Stanford University and the University of California, Berkeley.

Average U.S. income could shrink 36% by 2100 because of climate change from what it would be without global warming, they say. That is more than other, earlier studies have suggested.

But not all countries will suffer. Russia, Canada and countries in Northern Europe should benefit from warmer temperatures, according to the scientists’ models, because they have yet to reach what the scientists called the optimal average temperature for an economy — 55 degrees Fahrenheit, roughly where the U.S. is now.  Read more