Climate consequences of transatlantic flights ‘could cost economy $3,000’

The consequences of climate change on future growth cut about 37% from global gross domestic product (GDP) this century, the researchers said. 

A return flight to the US emits about one tonne of carbon dioxide. Picture: Steve Parsons/PA

A return flight from the UK to New York could cost the global economy more than $3,000 (€2,528) in the long run, due to the effects of climate change, a new report has said.

Researchers from several top global universities said that the economic cost of climate change could be up to six times higher than previously thought.