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

New top story from Time: How 3 Key In the Heights Scenes Were Reimagined From Stage to Screen

https://ift.tt/3iIBhAh When director Jon M. Chu first saw the musical In the Heights on Broadway in 2008, his imagination whirred to life with possibilities. “Imagine if this was in a tunnel and the tunnel lights up?” he remembers thinking while sitting in the theater. “Imagine if you could look through a window of somebody dreaming, and the community could be reflected in the reflection?” More than a decade later, Chu is bringing these reveries to life as the director of the musical’s film adaptation, which arrived in theaters and on HBO Max on June 11. While other recent film-to-stage adaptations — like Ma Rainey’s Black Bottom and One Night in Miami — have leaned into the intimate, contained aesthetic of theatrical performances, Chu’s In the Heights has the ambition and scale of the most epic blockbuster films, complete with hundreds of extras and dancers, vibrant animated graphics, gravity-defying Fred Astaire-inspired dance numbers, and plenty of slick camerawork ...

Jason Roy chooses one between Rohit Sharma, David Warner as his opening partner https://ift.tt/3fkBiWu

Rohit Sharma and David Warner are two of the most destructive openers in the limited-overs format. The duo had been reigning the opening spot for their respective sides for years. Both the players continue to be the mainstays for their countries in all the three formats of the game. from IndiaTV: Google News Feed https://ift.tt/2ZjgDNe

New top story from Time: Watch TIME’s First-Ever ‘Uplifting AAPI Voices’ Summit Featuring Senator Mazie Hirono, Constance Wu, Prabal Gurung and More

https://ift.tt/3oYxakw In recognition of Asian American and Pacific Islander Heritage Month, TIME hosted its first-ever Uplifting AAPI Voices Summit on May 27, 2021. The virtual event, hosted by journalist Lisa Ling, featured conversations with leaders, activists, and artists that highlighted perspectives on identity, creativity, equity, and impact. “ I know that our community has been beset by challenges this year, but I’m moved by how our community has come together in a way that I have never experienced before,” Ling said in her opening remarks. [time-brightcove not-tgx=”true”] During the summit, actress and producer Constance Wu and author Jenny Han spoke with TIME senior editor Lucy Feldman about the power of storytelling and the importance of representation. Han noted that she hoped that going forward, there would be a wider of expanse of stories told and a “bigger palette” to draw from, with more films and books featuring South Asian ...

New top story from Time: Jasper Johns: “Dying While on Assignment Doesn’t Seem Like a Bad Idea”

https://ift.tt/39PD2WS Jasper Johns, possibly America’s most famous living artist and still plying his trade at 91, launches two retrospectives on Sept. 29; one at the Whitney Museum of American Art in New York City and the other at the Philadelphia Museum of Art . The exhibitions, known collectively as Mind/Mirror, illuminate the through lines of Johns’ large body of work: his fascination with such everyday symbols as numbers, targets, maps and flags; his sometime habit of limiting his color palette to red, blue, yellow and orange; and his exploration of such techniques as collage, hatching and scale. One section of the Whitney is dedicated to his variations on the motif of a Savarin coffee can crammed with brushes, which is widely believed to be the artist’s way of representing himself. Johns, who famously destroyed all his prior work before painting his first flag, lives in Connecticut and rarely gives interviews. He answered questions from TIME via email. [time-brightco...

FOX NEWS: 9-year-old kid finds $5k in cash while cleaning used car Sometimes, it literally pays to clean your car.

9-year-old kid finds $5k in cash while cleaning used car Sometimes, it literally pays to clean your car. via FOX NEWS https://ift.tt/3fTmQpQ

New top story from Time: Our Eyes on the Virus: Why We Still Need Widespread Rapid Testing Even With Vaccines

https://ift.tt/3i5MoTN The vaccines are here. Why do we still need testing? Testing is our eye on the virus. Without testing, we can’t see where it is or where it is going. As fall and winter set in, outbreaks will again occur, sparked by the unvaccinated. And most people become infectious before they know they are infected. Frequent and accessible rapid testing is a tool that if deployed last summer and fall would have saved 100,000 lives. The U.S. missed the opportunity to use frequent rapid testing to stop individuals from unintentionally spreading the lethal SARS-CoV-2 virus to our most vulnerable and avert the horrific winter surge. By rapid tests, I mean the tests that an individual can conduct without a laboratory (ideally in the privacy of their own home) with results given in real-time. There are two types: rapid antigen tests, which look for the virus’s proteins and detect infectious levels of virus. The other lets you know you’ve been infected: rapid molecular...

FOX NEWS: Nathan's hot dog eating contest returns July Fourth — outdoors and with a crowd America’s most delicious wiener war returns to Coney Island on the Fourth of July – outdoors, under the sun and open to the public.

Nathan's hot dog eating contest returns July Fourth — outdoors and with a crowd America’s most delicious wiener war returns to Coney Island on the Fourth of July – outdoors, under the sun and open to the public. via FOX NEWS https://ift.tt/3p35tr1

FOX NEWS: Toddler admitted into American Mensa has an IQ of 146, makes history as youngest member A 2-year-old girl has just made history as the youngest member of American Mensa.

Toddler admitted into American Mensa has an IQ of 146, makes history as youngest member A 2-year-old girl has just made history as the youngest member of American Mensa. via FOX NEWS https://ift.tt/3yHFGc7

New top story from Time: Germany Has Officially Recognized Colonial-Era Atrocities in Namibia. But For Some, Reconciliation Is a Long Way Off

https://ift.tt/3fVRkaO The German government formally recognized colonial-era atrocities against the Herero and Nama people in modern-day Namibia for the first time, referring to the early 20th century massacres as “genocide” on Friday and pledging to pay a “ gesture to recognize the immense suffering inflicted.” “In light of the historical and moral responsibility of Germany, we will ask Namibia and the descendants of the victims for forgiveness,” said German Foreign Minister Heiko Maas in a statement , adding that the German government will fund projects related to “reconstruction and the development” of Namibia amounting to €1.1 billion ($1.3 billion). The sum will be paid out over 30 years and must primarily benefit the descendants of the Herero and Nama, Agence France-Presse reported . [time-brightcove not-tgx=”true”] Although it’s a significant step for a once colonial power to agree such a deal with a former colony, there’s skepticism among some experts and ob...

New top story from Time: The Most Powerful Court in the U.S. is About to Decide the Fate of the Most Vulnerable Children

https://ift.tt/34relNF When child custody cases come before family courts, judges endeavor to base their rulings on the best interests of the child. Overall, the court is less interested in which parent might have the most right to the children than in how best to help the children thrive. The Supreme Court might now be walking a very similar line. It is on the verge of deciding a landmark case that could have a profound impact on the more than 400,000 vulnerable children who find themselves in the U.S. foster care system. Its ruling could also have major implications for LGBTQ rights, religious liberty and nondiscrimination laws across America. [time-brightcove not-tgx=”true”] The case, Fulton v. City of Philadelphia , was sparked when the city said it would no longer contract with a faith-based agency, Catholic Social Services (CSS), to provide foster services after a 2018 Philadelphia Inquirer article revealed that it would not certify same-sex couples to be foster pare...