By the end of the century, the manifold consequences of unchecked climate change will cost the U.S. hundreds of billions of dollars per year, according to a new study by scientists at the Environmental Protection Agency.
Among them were the sobering projections that damage to coastal property, primarily on the Gulf and East coasts, will reach $120 billion per year by 2090; lost labor productivity due to hotter temperatures, particularly in the South and Midwest, will cost $155 billion per year; and deaths from extreme heat waves and cold snaps will equal $140 billion per year.The new study offers an even richer picture of the EPA’s analysis, said Ekwurzel, who contributed to the climate assessment.
For instance, most of the northern half of the country will experience greater air pollution because of climate change. The Midwest will see more harmful algal blooms, like those that have choked Lake Erie in recent years. And the Northwest will experience a spike in electricity demand, mainly for cooling, and endure more severe flooding.
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