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US hundreds of billions

Climate change could cost US ‘hundreds of billions’ a year: study

TAMPA: Climate change is already hurting the global economy and will cost the US hundreds of billions of dollars annually by century's end unless drastic action is taken to cut carbon emissions, a major US government report warned. "With continued growth in emissions at historic rates, annual losses in some economic sectors are projected to reach hundreds of billions of dollars by the end of the century -- more than the current gross domestic product (GDP) of many US states," the latest edition of the National Climate…