Forecasting the Economic Impact of a Changing Climate (arstechnica.com)

Posted by Soulskill on Monday November 2, 2015 @04:32AM from the parka-industry-collapse dept.

An anonymous reader writes: Academic research has been busily trying to pin down how a changing climate will affect our planet over the long- and short-term. But a new study in the journal Nature attempts to forecast not the changes in weather, but the changes in our economy as a result of climate change. "The study (abstract) finds that climate change can be expected to reshape the global economy by reducing average global incomes roughly 23 percent by the year 2100. This study is important because it solves a problem that has existed in prior models of climate change effects on economics: discrepancies between macro and micro level observations." Notably, the paper provides evidence that regional economies can be linked to global climate effects. "This modeling allowed them to examine whether country-specific deviations from growth trends were related to country-specific differences in temperature and precipitation trends, while accounting for any global shifts that would be experienced to affect all countries."

1 of 249 comments (clear)

Min score:

Reason:

Sort:

You realize the U.S. is ~4.5% of the population... by tlambert · 2015-11-02 05:56 · Score: 0, Flamebait

You realize the U.S. is ~4.5% of the population... right?
Even if we went completely arboreal, and genetically engineered our children to have green skin and photosynthesize, it really wouldn't change the vector, regardless of which side you are on, and which way you think it points.
Fix the problems in China and India first. While you are at it, fix the brush fires from lightning in Africa, which account for about 26.3% of annual CO2 being dumped into the atmosphere.