The US Economic Impacts of Climate Change and the Costs of Inaction
This report presents a review of economic studies for the United States and relates them to predicted impacts of climate change. The summary findings are organized by region and identify the key sectors likely affected by climate change, the main impacts to be expected, as well as estimates of costs. The report builds on the 2000 Global Change Research Program National Assessment, using additional regional and local studies, as well as new calculations derived from federal, state and industry data sources. From this review and quantification, five key lessons emerge: 1. Economic impacts of climate change will occur throughout the country. 2. Economic impacts will be unevenly distributed across regions and within the economy and society. 3. Negative climate impacts will outweigh benefits for most sectors that provide essential goods and services to society. 4. Climate change impacts will place immense strains on public sector budgets. 5. Secondary effects of climate impacts can include higher prices, reduced income and job losses.
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Corporate Authors:
Center for Integrative Environmental Research
University of Maryland
2101 Van Munching Hall
College Park, MD United States 20742 -
Authors:
- Ruth, Matthias
- Coelho, Dana
- Karetnikov, Daria
- Publication Date: 2007-10
Language
- English
Media Info
- Media Type: Web
- Features: Figures; Maps; Photos; References; Tables;
- Pagination: 52p
Subject/Index Terms
- TRT Terms: Benefits; Budgeting; Climate change; Costs; Economic impacts; Governments; Income; Jobs; Prices; Regions
- Geographic Terms: United States
- Subject Areas: Economics; Energy; Environment; Finance; Highways; Society; I10: Economics and Administration; I15: Environment;
Filing Info
- Accession Number: 01080040
- Record Type: Publication
- Files: TRIS
- Created Date: Oct 25 2007 10:27AM