Study: Climate Change Damages US Economy, Increases Inequality
Thursday, June 29, 2017 - 14:02
in Earth & Climate
Unmitigated climate change will make the United States poorer and more unequal, according to a new study published today in the journal Science. The poorest third of counties could sustain economic damages costing as much as 20 percent of their income if warming proceeds unabated. States in the South and lower Midwest, which tend to be poor and hot already, will lose the most, with economic opportunity traveling northward and westward. Colder and richer counties along the northern border and in the Rockies could benefit the most as health, agriculture and energy costs are projected to improve.