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U.S. Regions and Business Sectors Face Significant Economic Risks From Climate Change
Risky Business ^ | June 24, 2014 | Press Release

Posted on 06/25/2014 4:08:12 PM PDT by CedarDave

New York, June 24 – The American economy could face significant and widespread disruptions from climate change unless U.S. businesses and policymakers take immediate action to reduce climate risk, according to a new report released today. The report, “Risky Business: The Economic Risks of Climate Change in the United States,” summarizes findings of an independent assessment of the impact of climate change at the county, state, and regional level, and shows that communities, industries, and properties across the U.S. face profound risks from climate change. The findings also show that the most severe risks can still be avoided through early investments in resilience, and through immediate action to reduce the pollution that causes global warming.

The Risky Business report shows that two of the primary impacts of climate change—extreme heat and sea level rise—will disproportionately affect certain regions of the U.S., and pose highly variable risks across the nation. In the U.S. Gulf Coast, Northeast, and Southeast, for example, sea level rise and increased damage from storm surge are likely to lead to an additional $2 to $3.5 billion in property losses each year by 2030, with escalating costs in future decades. In interior states in the Midwest and Southwest, extreme heat will threaten human health, reduce labor productivity and strain electricity grids.

Conversely, in northern latitudes such as North Dakota and Montana, winter temperatures will likely rise, reducing frost events and cold-related deaths, and lengthening the growing season for some crops.

The report is a product of The Risky Business Project, a joint, non-partisan initiative of former Treasury Secretary Henry M. Paulson, Jr., Mayor of New York City from 2002-2013 Michael R. Bloomberg, and Thomas P. Steyer, former Senior Managing Member of Farallon Capital Management.

(Excerpt) Read more at riskybusiness.org ...


TOPICS: Business/Economy; Culture/Society; Extended News
KEYWORDS: climatechange; climatechangefraud; climatefraud; economy; globalwarming; globalwarminghoax; hankpaulson; reich; robertreich; steyer
Full title: Risky Business Report Finds That U.S. Regions and Business Sectors Face Significant Economic Risks From Climate Change

This is the most alarmist, by far, climate disaster scenario I have ever encountered. If not for it's "all star" cast of members, it would immediately be discounted as over-the-top hype.

First lets look at the group putting it out:

Examples of what they claim are likely impacts include:

The Risky Business Project found that early action to reduce greenhouse gas pollution can substantially reduce future risks. Impacts that are likely to occur between now and 2030 are largely the result of past emissions, and thus less avoidable.

1 posted on 06/25/2014 4:08:12 PM PDT by CedarDave
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Comment #2 Removed by Moderator

To: CedarDave

And all because of the alleged pollutant CO2, a trace gas necessary for life.
Total non-scientific horse apples.


3 posted on 06/25/2014 4:11:46 PM PDT by beethovenfan (If Islam is the solution, the "problem" must be freedom.)
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To: CedarDave

More drivel from the the political elite.


4 posted on 06/25/2014 4:11:51 PM PDT by headstamp 2
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To: DeepInTheHeartOfTexas

It’s not Obama Incompetence ,It’s Global warming


5 posted on 06/25/2014 4:14:09 PM PDT by molson209 (Blank)
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To: CedarDave
◦If we continue on our current path, by 2050 between $66 and $106 billion worth of existing coastal property will likely be below sea level nationwide,

Now I have more of a reason to try to live to 2050. To see this BS projection be proven to be a fantasy. Note that the most extreme projections are projected to come true in 2100 after we are all dead. How convenient. These jokers won't fix Social Security and Medicare, which will be in crisis within 20 years, but are screaming that we fix this problem, which will occur in 100 years.

6 posted on 06/25/2014 4:14:27 PM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: beethovenfan

What’s strange about the CO2 argument is CO2 is produced naturally... is any man made CO2 tagged differently then natures? The answer is no, period.


7 posted on 06/25/2014 4:14:30 PM PDT by SIRTRIS
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To: CedarDave
Nonsense. Pure nonsense. Common Core will guarantee that education is not what it should be but pure indoctrination.
8 posted on 06/25/2014 4:20:09 PM PDT by Fungi
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To: CedarDave

We should start engraving the names of these lunatics in granite along with the date and their claim! Especially claims that refer to the rise in sea levels and increased hurricane activity.


9 posted on 06/25/2014 4:20:52 PM PDT by 20 years too late
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To: DeepInTheHeartOfTexas

Only as “bipartisan” as was Hitler’s first government - one crippled German president, Nazis, and Good Germans.

There is more risk to the health of the US in bullshit articles and reports like this, than there is from global warming, climate change, and Michael Mann’s hockey stick (which should be shoved up where the sun don’t shine).

I just wish I could package and sell this bullshit, aka “100 percent pasteurized pasture patties” (movie:”Hard Bodies”). I’d be a billionaire and would work to put Bloomturd, Steyer, Cisneros etc. in jail for being crooks and/or marxists traitors.


10 posted on 06/25/2014 4:20:53 PM PDT by MadMax, the Grinning Reaper
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To: CedarDave

Wait, I thought the COLD weather caused a 2.9% drop in GNP last winter.

Sorry progressives, inconvenient “truth” here.


11 posted on 06/25/2014 4:22:14 PM PDT by ReaganGeneration2
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To: CedarDave

I agree, the first step is to impose a 500% (or more) “Green Tax” on any and everything coming from China or India.

We’re good here....


12 posted on 06/25/2014 4:31:05 PM PDT by ASOC (What are you doing now that Mexico has become OUR Chechnya?)
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To: CedarDave

I’ll wager that they are all heavily invested in the carbon tax FRaud scheme, and have devised a way to make money out of this!


13 posted on 06/25/2014 4:31:51 PM PDT by Taxman
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Comment #14 Removed by Moderator

To: CedarDave

Considering the increasing output of ‘greenhouse gases’ from other countries overseas and south of the border, whatever drastic ‘reductions’ we take will be pointless if they are correct (and they’re full of it).

This barrage about global warming/climate change is to continue the push to regulate our citizens into oblivion and tax them into slavery.


15 posted on 06/25/2014 4:46:10 PM PDT by Pox (Good Night. I expect more respect tomorrow.)
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To: Pox
Considering the increasing output of ‘greenhouse gases’ from other countries overseas and south of the border, whatever drastic ‘reductions’ we take will be pointless if they are correct (and they’re full of it).
This barrage about global warming/climate change is to continue the push to regulate our citizens into oblivion and tax them into slavery.

But, but, someone has to first take the lead in reducing carbon emissions for the good of the planet. And that has to be the US! And we must save the polar bears!!
/sar

16 posted on 06/25/2014 4:53:44 PM PDT by CedarDave
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To: CedarDave

The greatest reduction in CO2 could be accomplished by strangling all the Global Warming fakery proponents .... a dead Global Warming freak exhales no CO2.


17 posted on 06/25/2014 6:01:39 PM PDT by RetiredTexasVet (Surgeon General Warning: Operation of Government Motors vehicles may be hazardous to your health)
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To: CedarDave

The Cicken Little Retards are going big time: “ The sky is fallingggggggg!”

There is no crisis:

http://www.telegraph.co.uk/earth/environment/10916086/The-scandal-of-fiddled-global-warming-data.html


18 posted on 06/25/2014 6:30:18 PM PDT by Candor7 (Obama fascism article:(http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html))
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To: Opinionated Blowhard

Weren’t they claiming 20 years ago that “The oceans will be dead in 10 years”?


19 posted on 06/26/2014 6:39:05 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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