SENSEX
NIFTY
GOLD
USD/INR

Weather

image 27    C

Global Business News

The Economic Times

Global Business / The Economic Times

details

Something is thawing beneath Alaska and the price tag could be $43 trillion

Alaska's tundra holds immense frozen carbon stores which are thawing. This thaw releases greenhouse gases, potentially causing significant global economic damage. Researchers estimate this damage could reach forty-three trillion dollars by the year 2200. Such emissions contribute to further global warming and widespread climate impacts. Reducing greenhouse gas emissions can help limit these future economic consequences.

14 Aug 2026 8:52 pm