Hsiang, S., Kopp, R.E., Jina, A., Rising, J., Delgado M., Mohan, S., Rasmussen, D.J., Muir-Wood, R., Wilson, P., Oppenheimer, M., Larsen, K., and Houser, T. (2017). Estimating economic damage from climate change in the United States. Science. doi:10.1126/science.aal4369
In the NewsPBS January 30, 2019
How Will Climate Change Impact The Economy?
From the alarming economic concerns outlined in 2018’s National Climate Assessment to the recent bankruptcy of PG&E related to the California wildfires, it’s clear that the economic impact of climate change is already taking effect. While we typically view climate change as an environmental and humanitarian fight, economists and corporations are grappling with what could become an economic meltdown caused by climate change. PBS highlights some of the most recent and underreported effects of climate change on the U.S. and global economies, including a Brookings Institute report on Lab research.
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Spatially explicit, probabilistic, and empirically derived estimates of economic damage in the United States from climate change.Read