Climate change will shrink US economy and kill thousands, government report warns

Climate change will shrink US economy and kill thousands, government report warns


A new US government report delivers a dire warning about climate change and its devastating impacts, saying the economy could lose hundreds of billions of dollars -- or, in the worst-case scenario, more than 10% of its GDP -- by the end of the century.

The federally mandated study was supposed to come out in December but was released by the Trump administration on Friday, at a time when many Americans are on a long holiday weekend, distracted by family and shopping.
 
David Easterling, director of the Technical Support Unit at the NOAA National Centers for Environmental Information, emphasized that there was "no external interference in the report's development." He added that the climate change the Earth is experiencing is unlike any other.
"The global average temperature is much higher and is rising more rapidly than anything modern civilization has experienced, and this warming trend can only be explained by human activities," Easterling said.
 
Coming from the US Global Change Research Program, a team of 13 federal agencies, theFourth National Climate Assessment was put together with the help of 1,000 people, including 300 leading scientists, roughly half from outside the government. It's the second of two volumes. The first, released in November 2017, concluded that there is "no convincing alternative explanation" for the changing climate other than "human activities, especially emissions of greenhouse gases." Read more



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