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by Apprentice (1.5k points)
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This is true! According to Reuters as well, climate change and related innovation surrounding it is going to restructure the economy. The article states:

  • U.S. climate envoy John Kerry told a separate panel on financing the transition to a low carbon economy that the only way to avoid catastrophic damage caused by climate change was for governments and companies to spend big.

https://www.reuters.com/business/sustainable-business/davos-iea-director-says-inflation-reduction-act-is-new-climate-accord-2023-01-17/

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by Novice (560 points)

John Kerry spoke at the World Economic Forum that there will be a lot of economic consequences in the future because of climate change. 

“I’m convinced we will get to a low-carbon, no-carbon economy — we’re going to get there because we have to,” he said.

https://www.cnbc.com/2023/01/17/shift-to-low-carbon-economy-will-happen-but-too-late-john-kerry.html#:~:text=John%20Kerry%20says%20'money%2C%20money,most%20to%20tackle%20climate%20change&text=%22I'm%20convinced%20we%20will,World%20Economic%20Forum%20in%20Davos. 

True

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