Associated Press: The economic and financial impact of global warming is complex and not well understood. In some scenarios there would be economic benefits for countries that get warmer and wetter and consequently more fertile agriculturally. Drier weather in some regions would result in sharply lower crop yields.
Overall, changes in climate are expected to cause significant disruptions that also exact an economic toll. Advisers to the Intergovernmental Panel on Climate Change say that the world economy may suffer...