Climate change damages US economy, increases inequality

Severe costs ahead especially in south and lower midwest

Solomon Hsiang et al. Estimating economic damage from climate change in the United States. Science, 2017 DOI: 10.1126/science.aal4369Online. — Unmitigated climate change will make the United States poorer and more unequal, according to a new study.

The poorest third of counties could sustain economic damages costing as much as 20% of their income if warming proceeds unabated.

Overall, the study — led by Solomon Hsiang of the University of California, Berkeley, Robert Kopp of Rutgers University-New Brunswick, Amir Jina of the University of Chicago, and James Rising, also of UC Berkeley — projects losses, economic restructuring and widening inequality.

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