Saturday, November 24, 2018

Clashing with Trump, U.S. Government Report Says Climate Change Will Batter Economy

California's wildfires have killed at least 84 people and destroyed nearly 14,000 homes. (Photo Credit: AP: Noah Berger) Click to Enlarge.
Climate change will cost the U.S. economy hundreds of billions of dollars by the end of the century, hitting everything from health to infrastructure, according to a government report issued on Friday that the White House called inaccurate.

The congressionally mandated report, written with the help of more than a dozen U.S. government agencies and departments, outlined the projected impact of global warming on every corner of American society in a dire warning that is at odds with the Trump administration’s pro-fossil-fuels agenda.

“With continued growth in emissions at historic rates, annual losses in some economic sectors are projected to reach hundreds of billions of dollars by the end of the century - more than the current gross domestic product (GDP) of many U.S. states,” the report, the Fourth National Climate Assessment Volume II, said.

Read more at Clashing with Trump, U.S. Government Report Says Climate Change Will Batter Economy

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