US Climate Change Cost: 1.2% of GDP for Each Degree Celsius of Global Warming
A new economic assessment adds up the potential costs of climate change—and the numbers are hefty. The study, published in Science, finds that warming temperatures mean that “harvests will dwindle, summer energy costs will soar, rising seas will erase real-estate holdings, and heat waves will set off epidemics of cardiac and pulmonary disease," according to The Atlantic. The hotter, southern half of the US could suffer the equivalent of a 20% tax on county-level income. By 2100, overall US GDP could shrink between 1.6 and 5.6 percent. This projected model is based on real-world data. Read the details and start thinking, hard, about doing your part to cut these costs.
John Howell, Editorial Director
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