ALREADY DEPRESSED? Bad news is not going away. It requires ALL OUR ATTENTION right now. There is some hope if you pull your head from the sand. The report’s primary focus is the economic impact climate change will have on the US, and the dollar figures are just as extreme as the temperature data: up to $507 billion worth of property below sea level by 2100, and up to $108 billion per year in property damage from hurricanes. Meanwhile, the report predicts a 73 percent decline in crop yields in some parts of the Midwest by 2100, decreases in labor productivity due to high temperatures, and a range of other regional changes that will tend to depress economic activity.
Posted on: Thu, 26 Jun 2014 23:32:10 +0000
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