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

Posted by Soulskill on 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."

2 of 249 comments (clear)

  1. Re: Global warming is a joke by silentcoder · · Score: 5, Informative

    ExonMobil's internal memos specifically cite global warming caused by burning fossil fuels as the key to making arctic drilling profitable.

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    Unicode killed the ASCII-art *
  2. Who believes this? Only everyone... by Layzej · · Score: 4, Informative
    Who believes that shit? Glad you asked:

    African Academy of Sciences

    American Geophysical Union

    American Chemical Society

    American Institute of Physics

    American Physical Society

    Australian Institute of Physics

    Australian Meteorological and Oceanographic Society

    European Physical Society

    American Association for the Advancement of Science

    American Meteorological Society

    European Academy of Sciences and Arts

    European Federation of Geologists

    European Geosciences Union

    European Science Foundation

    Federation of Australian Scientific and Technological Societies

    InterAcademy Council as the representative of the world’s scientific and engineering academies

    International Council of Academies of Engineering and Technological Sciences

    United States National Research Council

    Royal Society of New Zealand

    Royal Society of the United Kingdom

    American Society of Agronomy (ASA),

    Crop Science Society of America (CSSA),

    Soil Science Society of America (SSSA)

    Well, the list goes on and on... It would be much easier to list dissenting organizations: NONE - https://en.wikipedia.org/wiki/...