| The Vast, Out-of-Control Costs of Climate Change RiskyBusiness.org | |
June 25, 2014 |
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Risky Business: A Climate Risk Assessment for the United States (Next Generation)
The American economy could face significant and widespread disruptions from climate change unless U.S. businesses and policymakers take immediate action to reduce climate risk, according to a new report, "Risky Business: The Economic Risks of Climate Change in the United States."
The report projects climate impacts at scales as small as individual counties. Its conclusions about crop losses and other consequences are based not on computer projections, which climate-change skeptics routinely attack, but on data from past heat waves.
It paints a grim picture of economic loss. "Our economy is vulnerable to an overwhelming number of risks from climate change," former Secretary of the Treasury and Goldman Sachs alum Henry Paulson said in a statement, including from sea-level rise and from heat waves that will cause deaths, reduce labor productivity and strain power grids.
For more info visit the website at RiskyBusiness.org
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