Climate & Nature...

May 27, 2008

Global Warming Could Cost U.S. $3.8 Trillion Per Year By 2100

Doing nothing on global warming will cost the U.S. economy more than 3.6 percent of GDP — or $3.8 trillion annually (in today’s dollars) — by 2100. On the other hand, a detailed, bottom-up analysis finds that just four categories of global warming impacts — hurricane damage, real estate losses, increased energy costs and water [...]