Full title:
Risky Business Report Finds That U.S. Regions and Business Sectors Face Significant Economic Risks From Climate ChangeThis 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:
- Henry Cisneros - Founder & Chairman, CityView Capital; former U.S. Secretary of Housing and Urban Development (HUD); former Mayor of San Antonio, TX
- Gregory Page - Executive Chairman, Cargill, Inc. and former Cargill Chief Executive Officer
- Robert Rubin - Co-chairman, Council on Foreign Relations; former U.S. Secretary of the Treasury
- Donna Shalala - President, University of Miami; former US Secretary of Health and Human Services; former Chancellor of the University of Wisconsin-Madison
- George Shultz - Thomas W. and Susan B. Ford Distinguished Fellow at the Hoover Institution; former US Secretary of State; former U.S. Secretary of the Treasury; former U.S. Secretary of Labor; former Director, Office of Management & Budget; former President, Bechtel Group
- Olympia Snowe - Former U.S. Senator representing Maine
- Dr. Al Sommer - Dean Emeritus, Bloomberg School of Public Health, Johns Hopkins University
Examples of what they claim are likely impacts include:
- Large-scale losses of coastal property and infrastructure .
- 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, growing to $238 to $507 billion by 2100.
- There is a 1-in-20 chance that by the end of this century more than $701 billion worth of existing coastal property will be below sea level, and that average annual losses from hurricanes and other coastal storms along the Eastern Seaboard and Gulf of Mexico will grow by more than $42 billion due just to sea-level rise alone. Potential changes in hurricane activity could raise this amount to $108 billion.
- Property losses from sea-level rise will disproportionately affect the Southeast and Atlantic coasts, where rise is expected to be higher and the losses far greater than other coastal areas.
- Extreme heat across the nationespecially in the Southwest, Southeast, and Upper Midwestthat threatens labor productivity, human health, and energy systems.
- By the middle of this century, the average American will likely experience 27 to 50 days each year with temperatures reaching more than 95°Fup to more than three times the average number of 95°F days weve seen over the past 30 years. By the end of this century, this number will likely reach 45 to 100 additional days reaching 95°F each year on average.
- As with sea-level rise, these national averages mask regional extremes, especially in the Southwest, Southeast, and upper Midwest, which will likely see several months of successive 95°F days each year.
- Labor productivity of outdoor workers, such as those working in construction, utility maintenance, landscaping, and agriculture, could be reduced by as much as 3 percent, particularly in the Southeast.
- Over the longer-term, during portions of the year, extreme heat could surpass the threshold at which the human body can no longer maintain a normal core temperature without air conditioning. During these periods, anyone whose job requires them to work outdoors, as well as anyone lacking access to air conditioning, will face severe health risks and potential death.
- Demand for electricity for air conditioning will surge in those parts of the country facing the most extreme temperature increases, straining regional generation and transmission capacity and driving up costs for consumers.
- Shifting agricultural patterns and crop yields, with likely gains for Northern farmers offset by losses in the Midwest and South.
- Absent agricultural adaptation, if we continue on our current path, national commodity crop production (corn, soy, wheat and cotton) could decline by 14 percent by mid-century and up to 42 percent by late century as extreme heat spreads across the middle of the country.
- At the same time, warmer temperatures and carbon fertilization may improve agricultural productivity and crop yields in the upper Great Plains and other northern states.
- Food systems are resilient at a national and global level, and agricultural producers have proven themselves extremely able to adapt to changing climate conditions. These shifts, however, still carry risks for the individual farming communities most vulnerable to projected climatic changes.
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
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.)
To: CedarDave
More drivel from the the political elite.
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.")
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
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.
To: CedarDave
Wait, I thought the COLD weather caused a 2.9% drop in GNP last winter.
Sorry progressives, inconvenient “truth” here.
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?)
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
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.)
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)
To: CedarDave
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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