CO2 emissions cost India $210 billion every year :study (September 27, 2018)

Carbo dioxide emissions are costing the Indian economy up to $210 billion every year according to a global study. India is likely to suffer highest economic damage from climate change after the US. The economic damages model indicates that as temperature rises, economic growth in India will slow. The model accounts for everything that happens in the economy today that is sensitive to environmental conditions.

Vector borne disease ,reduced worker productivity due to heat, increased frequency of extreme precipitation resulting in infrastructure damages or any of the other many ways that human systems get impacted by climate conditions.Carbon dioxide  released from burning fossil fuels affects people and ecosystem around the world today and in the future ,these impacts are not included in market prices ,creating an environmental externality whereby consumers of fossil fuel energy do not pay for and unaware of the true costs of their consumption. so , everything that happens in the economy today that is sensitive to environmental conditions.