Save $2 Trillion – Stop Climate Change

Heat stress from climate change may cost global economies $2 trillion by 2030

Katie Medlock, July 21. 2016 (Inhabitat)

“Research reveals yet another loss we can anticipate at the hands of climate change: global productivity. Heat stress in lower income countries has already shortened work days, which could result in a net loss of $2 trillion across all global economies by the year 2030. The sad irony is that the countries contributing the least to global warming will end up hurting the most…[Six new studies detail] the economic devastation coming our way on the heels of rising temperatures…First world countries, who contribute far more to our dire climate situation, can afford to adapt to the productivity challenges…[F]actories can invest in alternative means of cooling their machinery and bigger companies can afford to shift around workers’ schedules. Lower income countries will be the first to experience the growing economic burden, due to low-skill, low-paying, and labor intensive jobs being affected more severely by heat stress…Up to 43 countries, including China, Indonesia, and Malaysia, could take an economic hit by 2030. [Southeast Asian countries’ work hours have been slashed 15 to 20 percent because of extreme heat, a figure which could double in the next 30 years or so]…” click here for more

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