Midwestern Productivity at Risk from Unchecked Climate Change
January 23rd, 2015
A newly released report by Risky Business finds that unchecked climate change will threaten Midwestern agricultural and industrial productivity. If you live in the Midwest, have family there, or simply eat any of the many agricultural products grown in the region, you will want to read the executive summary, if not the full version, of this report: http://riskybusiness.org/reports/midwest-report/executive-summary. The full report is available also at this link. The report emphasizes that it is still possible to take action to avoid the worst impacts.
Launched in October, 2013, the Risky Business Project focuses on quantifying and publicizing the economic risks from the impacts of a changing climate. It is backed by former NYC Mayor Michael Bloomberg, former US Treasury Secretary and Goldman Sachs executive, Hank Paulson, and Tom Steyer, a wealthy an American hedge fund manager, philanthropist, and environmentalist. They tasked the Rhodium Group, an economic research firm that specializes in analyzing disruptive global trends, with preparing an independent assessment of the economic risks posed by a changing climate in the U.S.