Economic Risks of Climate Change : An American Prospectus

Climate change threatens the economy of the United States in myriad ways, including increased flooding and storm damage, altered crop yields, lost labor productivity, higher crime, reshaped public-health patterns, and strained energy systems, among many other effects. Combining the latest climate models, state-of-the-art econometric research on human responses to climate, and cutting-edge private-sector risk-assessment tools, "Economic Risks of Climate Change: An American Prospectus" crafts a game-changing profile of the economic risks of climate change in the United States. This prospectus is based on a critically acclaimed independent assessment of the economic risks posed by climate change commissioned by the Risky Business Project. With new contributions from Karen Fisher-Vanden, Michael Greenstone, Geoffrey Heal, Michael Oppenheimer, and Nicholas Stern and Bob Ward, as well as a foreword from Risky Business cochairs Michael Bloomberg, Henry Paulson, and Thomas Steyer, the book speaks to scientists, researchers, scholars, activists, and policy makers. It depicts the distribution of escalating climate-change risk across the country and assesses its effects on aspects of the economy as varied as hurricane damages and violent crime. Beautifully illustrated and accessibly written, this book is an essential tool for helping businesses and governments prepare for the future. Climate change threatens the economy of the United States through increased flooding and storm damage, climate-driven changes in crop yields, disruptions in labor productivity, crime, and public health and heat-related strains on energy systems. Combining current data with state-of-the-art climate models, econometric research on human responses to climate, and cutting-edge private sector risk assessment tools, this prospectus crafts a game-changing analysis of the risks of future climate change in specific U.S. regions and sectors.This work is based on a critically acclaimed independent assessment of climate change's economic risks commissioned by the Risky Business Project. With contributions from Karen Fisher-Vanden (Penn State University), Michael Greenstone (MIT), Geoffrey Heal (Columbia Business School), Michael Oppenheimer (Princeton University), and Nicholas Stern and Bob Ward (Grantham Research Institute), as well as a foreword from the nation's leading voices on environmental action, the prospectus speaks to scientists, researchers, scholars, activists, and policymakers. It depicts the distribution of escalating climate change risk across the country and anticipates its effects on aspects as varied as coastal property and crime. Beautifully illustrated and accessibly written, Economic Risks of Climate Change is an essential tool for helping businesses and governments prepare for the future This prospectus is based on a critically acclaimed independent assessment of the economic risks posed by climate change commissioned by the Risky Business Project. With new contributions from Karen Fisher-Vanden, Michael Greenstone, Geoffrey Heal, Michael Oppenheimer, and Nicholas Stern and Bob Ward, as well as a foreword from Risky Business cochairs Michael Bloomberg, Henry Paulson, and Thomas Steyer, the book speaks to scientists, researchers, scholars, activists, and policy makers. It depicts the distribution of escalating climate-change risk across the country and assesses its effects on aspects of the economy as varied as hurricane damages and violent crime. Beautifully illustrated and accessibly written, this book is an essential tool for helping businesses and governments prepare for the future. --Publisher description From the opening commentary by Michael Oppenheimer, Princeton University:This work points the way toward a new era in climate risk analysis. It not only provides a basis for rationale judgments by policy makers but at the same time opens a new avenue toward progressive improvement in our understanding of risk A landmark, data-driven assessment for decision makers intent on insuring their interests against climate change.