Skip to main content

New top story from Time: Rising Heat Is Making It Harder to Work in the U.S., and the Costs to the Economy Will Soar With Climate Change

https://ift.tt/3gJcfzh

Rising extreme heat will make it increasingly hard for workers to do their jobs, shaving hundreds of billions of dollars off the U.S. economy each year. That’s according to a report published Tuesday by the Atlantic Council’s Adrienne Arsht-Rockefeller Foundation Resilience Center, a Washington D.C.-based think tank focused on climate adaptation. It’s a stark warning about the costs of failing to act on climate change.

Productivity losses due to heat currently cost the U.S. an estimated $100 billion a year, the report claims. As days of extreme heat become more frequent in the years ahead, that figure is projected to double to $200 billion by 2030—around 0.5% of GDP. By 2050, annual losses are projected to hit $500 billion, around 1% of GDP. These national losses are expected to come primarily from the southeast and midwest. But the effects will be felt across most of the country, with annual losses of at least 0.5% of economic activity projected for 62% of U.S. counties.
[time-brightcove not-tgx=”true”]

This summer, it’s been hard to ignore that the U.S. is getting hotter. Since June, rolling heat waves have stifled nearly every region, weighing especially hard on western states, nearly all of which have recorded drought conditions. In the last week of August, 60 million people were under heat warnings across the country, with temperatures as high as 115°F in southwestern cities, and humidity making northeastern cities feel close to 100°F. Unusually high temperatures have not only been felt in the U.S.: according to scientists at the National Oceanic and Atmospheric Administration, July was the hottest month on Earth since records began, beating the previous high of July 2016 by 0.02°F.

As greenhouse gases in our atmosphere absorb more heat, the U.S. will experience more frequent and more widespread “high heat days”—defined as a day when the maximum temperature is above 90°F. Drawing on climate projections from the World Climate Research Program, downscaled to county-level, the report estimates that by 2050, up to 30% of the U.S. population will be exposed to more than 100 high heat days per year. That’s up from 5% under the prevailing climate conditions.

Though we may all feel the rising heat on warmer days, its long term consequences for the economy are still poorly understood, says Kathy Baughman McLeod, director of the Adrienne Arsht-Rockefeller Foundation Resilience Center. “It’s hard to isolate heat in economic data,” she says. “Where other climate hazards like hurricanes and floods have an impact on physical assets, heat’s impacts are mostly on the human body.”

On high heat days, studies show people are more likely to feel tired or sick at work, partly as a result of nighttime temperatures remaining too high to get a good night’s sleep. When people are tired, they take more breaks, work more slowly, make more mistakes and have a higher risk of getting injured.

To figure out how those factors affect the U.S. economy as a whole, researchers at consultancy Vivid Economics combined projections for the number of extreme heat days in counties across the U.S., a model on heat-related productivity loss, and government data on the predominance of outdoor work and access to air conditioning across industries. Researchers also included existing models for heat’s impact on ​four crops that are key to U.S. agriculture: corn, soy, wheat and cotton.

The result is only a partial view of heat’s impact on the economy. The analysis leaves out many other ways that heat may impact economic output across the country that were too difficult to measure reliably, including the impact that heat might have on leisure and tourism, the cost of wildfires, and the cost of mechanical failures for machines that stop working at high temperatures.

But even with the limited scope, the $100 billion in current annual heat-related productivity losses outweigh the estimated $60 billion cost of the record-breaking 2020 Atlantic hurricane season. And the annual losses projected in the near future are even worse.

The southeast and the midwest of the country will face the highest economic cost from extreme heat. Texas—the most-affected state due to its climate and relatively high levels of outdoor work— is currently losing an average of $30 billion a year, per the report, and is projected to lose some $110 billion a year by 2050, amounting to 2.5% of its total economic output.

Heat’s impact on work is not distributed equally among the U.S. population. Black and Hispanic workers tend to live in parts of the country that are more exposed to heat, and they face worse working conditions with less protection from heat; in 2020 they lost around 1.3% of their productivity due to heat, compared to a 1.1% loss for non-Hispanic white workers.

The industries most affected by extreme heat are construction and agriculture, where workers are most exposed. By 2050, construction is projected to lose 3.5% of its total annual economic activity to heat ($1.2 billion per year), while agriculture, where falling crop yields are also a factor, would lose 3.7% ($130.7 million per year).

But overall losses from heat are projected to be even bigger in the service sector, which dominates the U.S. economy. While those in office jobs are mostly protected from heat by air conditioning, workers in areas like food service or transportation can be exposed to dangerously high temperatures. The sector faces losses of $2.8 billion a year—0.7% of its economic activity—by 2050, per the report.

The study is part of a growing body of research that attempts to put a price tag on the risks the world’s economies face from climate change. The goal, Baughman McLeod says, is to show that doing nothing will cost more than taking action to cut emissions and adapt to climate change. In the case of heat, adaptation will include solutions like creating urban forests, improving early warning systems, and developing heat-resistant strains of crops. “These things require investment,” she says. “But protecting people first rather than paying for it later will, in the end, be the right decision for any business or government.”

Comments

Popular posts from this blog

US against use of telecom equipment from Huawei: White House https://ift.tt/3t63bJ6

The United States is against the use of telecom equipment from untrusted vendors like Huawei, the White House said on Wednesday.

World hits coronavirus milestones amid fears worse to come https://ift.tt/2Bhgkcg

The world surpassed two sobering coronavirus milestones Sunday -- 500,000 confirmed deaths, 10 million confirmed cases -- and hit another high mark for daily new infections as governments that attempted reopenings continued to backtrack and warn that worse news could be yet to come. from IndiaTV: Google News Feed https://ift.tt/3g4bXjC

New top story from Time: ‘It’s a Catastrophe.’ Iranians Turn to Black Market for Vaccines as COVID-19 Deaths Hit New Highs

https://ift.tt/3AODY94 In January, Iranian Supreme Leader Ayatollah Ali Khamenei made the sudden announcement that American and British-made COVID-19 vaccines would be “forbidden” as they were “completely untrustworthy.” Almost nine months later, Iran is facing its worst surge in the virus to date — a record number of deaths and infections per day with nearly 4.2 million COVID-19 patients across the country , and a healthcare system near collapse. “It’s a catastrophe; and there is nothing we can do,” said an anesthesiology resident in one of Tehran’s public hospitals who due to the current surge is tasked to oversee the ICU ward for COVID-19 patients. “We can’t treat them nor help them; so all I can ask people to do is to stay home and do whatever it takes to not get exposed.” The doctor requested anonymity in order to speak freely; others interviewed by TIME asked to be identified only by their first name. [time-brightcove not-tgx=”true”] The scale of the crisis is such ...

New top story from Time: Myanmar Security Forces Open Fire on Protesters, Killing Several and Marking Deadliest Day of Protests

https://ift.tt/3uFmav3 YANGON, Myanmar — Security forces in Myanmar opened fire and made mass arrests Sunday as they sought to break up protests against the military’s seizure of power, and a U.N. human rights official said it had “credible information” that 18 people were killed and 30 were wounded. That would be the highest single-day death toll among protesters who are demanding that the elected government of Aung San Suu Kyi be restored to power after being ousted by a Feb. 1 coup. “Deaths reportedly occurred as a result of live ammunition fired into crowds in Yangon, Dawei, Mandalay, Myeik, Bago and Pokokku,” the U.N. Human Rights Office said in a statement referring to several cities, adding that the forces also used tear gas, flash-bang grenades and stun grenades. “We strongly condemn the escalating violence against protests in Myanmar and call on the military to immediately halt the use of force against peaceful protesters,” its spokesperson Ravina Shamdasani was...

New top story from Time: Albertsons CEO Vivek Sankaran Says His Stores Can Vaccinate More Americans. He Just Needs the Doses

https://ift.tt/2YsAwju (Miss this week’s Leadership Brief? This interview below was delivered to the inbox of Leadership Brief subscribers on Sunday morning, Jan. 31; to receive weekly emails of conversations with the world’s top CEOs and business decisionmakers, click here .) While President Joe Biden’s Cabinet and other senior-level appointments have generally received high marks for their overall competence and experience, there is one notable empty seat at the table. At a moment when the health of the nation, and the nation’s economy, is dependent on production and distribution issues , one can’t help but wish there were at least one private-sector business ninja in the Cabinet, ideally a person with manufacturing, logistics and supply-chain experience. Social media is atwitter with facetious calls for Amazon Prime to deliver the COVID-19 vaccine and take care of the problem in two days. My own half-facetious daydream is to put Walmart —which has 150 million people pass...

Pakistan: Seven killed, 70 injured in blast at Peshawar madrasa https://ift.tt/37Ed6xs

At least seven people were killed and 70 others injured in an explosion that ripped through Pakistan city Peshawar Tuesday morning, the Dawn reported. The blast was reported at a madrasa in Dir Colony. The cause of the blast is not yet known. Meanwhile, police and rescue officials reached the scene.

You May Be Surprised By What Your Nose Can Reveal About Your Health Did you know that everything about your nose, ranging from its appearance to the smelling ability as well as the colour of your snot reveals your health condition? Well, if you did not, it is about time you learn about it.

Did you know that everything about your nose, ranging from its appearance to the smelling ability as well as the colour of your snot reveals your health condition? Well, if you did not, it is about time you learn about it. https://ift.tt/eA8V8J

Verdict in Babri mosque demolition case today; UP on high alert https://ift.tt/2SoefR3

A special court in Lucknow will deliver the much-awaited judgment on Wednesday in the 1992 Babri Masjid demolition case in which BJP veterans LK Advani and Murli Manohar Joshi are among the accused. CBI judge SK Yadav had on September 16 directed all the 32 surviving accused to remain present in the court on the day of the judgment. The accused include former deputy prime minister Advani, former Union ministers Joshi and Uma Bharti, former Uttar Pradesh chief minister Kalyan Singh, besides Vinay Katiyar and Sadhvi Rithambara.

SFMTA Staffers Share their Favorite SF Bike Rides

SFMTA Staffers Share their Favorite SF Bike Rides By Eillie Anzilotti Happy Bike Month, San Francisco! To celebrate, we’re sharing some of SFMTA staffers’ favorite rides through the city. From protected bike lanes to quick-build projects to Slow Streets, the JFK Promenade, and the Great Highway, all of the routes roll through projects that the SFMTA has completed in the last several years to make biking through San Francisco easier, safer, and joyful. We hope you get some inspiration for your next ride--and share your favorite route with us! For easy trip planning, we’ve included each ride below on an interactive map .   Jeffrey Tumlin, Director of Transportation: “I explore all of San Francisco by bike, but this is a standard trip: Starting from the Castro, I head up the Slow Street on Noe, where I like to admire the trees and people watch in Duboce Park. Then, I ride north on Scott to Fell Street along the Panhandle. When I reach the new JFK Promenade, it’s amazing how ...

New top story from Time: Prosecutor Who Led Michael Cohen Investigation Appointed to Replace U.S. Attorney Berman

https://ift.tt/2AYnYYU (NEW YORK) — A federal prosecutor who held a key role in the case against President Donald Trump’s former personal attorney worked Monday to restore calm to the Manhattan prosecutor’s office, following the abrupt ouster of her predecessor. Audrey Strauss, the newly appointed acting U.S. attorney, sent an email to the staff Saturday night within hours of the announcement by U.S. Attorney Geoffrey S. Berman that he would leave his position and would be replaced by her. The 72-year-old Strauss, a Democrat, will be only the second woman to lead one of the nation’s most premiere districts, home to famous mob trials, terrorism cases and now, probes involving the president’s allies. Her allies say she is a thoughtful, careful lawyer with decades of experience both as a prosecutor and defense attorney. The extraordinary departure of Berman, a Trump donor who won over critics with his investigations, started with Attorney General William Barr’s abrupt annou...