15 Economic Effects of Climate Change

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Climate Change Economy

President Obama unveiled his Climate Power Plan on Monday, another step in his administration’s strategy of chipping away at climate change through piecemeal regulations since a legislative solution is not in the cards anytime soon. We looked at some of the ways in which the new rule, which sets state targets for reducing power plant carbon emissions, might impact the economy, but shifts in global temperatures have already begun to have striking economic effects.

Last year, a congressionally-appointed committee produced an extensive National Climate Assessment, looking at the ways in which climate change has altered life in the United States and will continue to do so over the years. Here are some of its findings, along with some other ways economic activity has been affected.

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