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See bold (could refer to just the dislocation, but might also refer to both the dislocation and the inability to "'rebuild an ice sheet'"):

https://phys.org/news/2020-07-...mics-nobel-good.html

"This is a perfect example of where Nordhaus' approach breaks down in the real world," said Mann. "No amount of wealth can rebuild an ice sheet, and the dislocation of hundreds of millions of people will lead to massive unrest and conflict."

"It is impossible to accurately put a price tag on that," he added.

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I'm not sure if you followed my answer. It doesn't refer to either (1) or (2). "That" refers to the thing just mentioned, the thing(s) that the dislocation will lead to, namely, "massive unrest and conflict." Look at the noun phrase preceding the sentence in which "that" occurs. "That" refers to that. Surely you have heard people speak of its being impossible to quantify human suffering in dollars.

Can you re-read the comment that you're responding to? I said that there are two things:

(1) the unrest and conflict

(2) the inability to rebuild an ice sheet

It's either referring to (1) or it's referring to both (1) and (2), right?

Sorry for being unclear; it's probably my fault for being unclear.

Can you re-read the text of your opening post and then re-read my answers?

See bold (could refer to just the dislocation, but might also refer to both the dislocation and the inability to "'rebuild an ice sheet'"):

https://phys.org/news/2020-07-...mics-nobel-good.html

"This is a perfect example of where Nordhaus' approach breaks down in the real world," said Mann. "No amount of wealth can rebuild an ice sheet, and the dislocation of hundreds of millions of people will lead to massive unrest and conflict."

"It is impossible to accurately put a price tag on that," he added.

I have underlined for you the phrase that "that" refers to.

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