Only in a world with one risk.
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The other ruinous problems mentioned are independent and do not compete. As for the climate report, 10% GDP is a guestimate. And in any case, will be averaged over localities. You don't want to be an island nation even with moderate sea level rise. It will ruin you.
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Has sea level risen as predicting so far?
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IPCC economists (I have met them) do not understand connectivity and systems ruin. They think in terms of risk (crept in from transport economics) instead of possible harm.
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