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: Anne Lamott’s Advice Could Stop You From Drowning in Cynicism

https://ift.tt/3m8JRbR Well hello! I’m so glad you’re here. A version of this article also appeared in the It’s Not Just You newsletter. Sign up to get a new edition every Saturday. This year has tested my lack of faith. I was raised as an erratic agnostic, unsure about being unsure. But lately, I’m not the only one scrabbling for meaning or optimism or even someone to blame for the various messes in which we find ourselves. And who better to address this moment than bestselling author Anne Lamott , who has both faith and a fierce sense of humor? [time-brightcove not-tgx=”true”] Lamott has written 19 books , many of them wry memoirs about spirituality , addiction, recovery, and hope , in addition to her beloved classics about motherhood and advice for writers . She has a vast following that crosses cultural boundaries, though she refers to herself as an “unabashed, extremely left-wing Christian, and the New York Times has described her as “ a feminist C.S. Lewis...

New top story from Time: Police and Protesters Against the Shooting of Jacob Blake Clash for a Third Night in Kenosha

https://ift.tt/34zqgdm KENOSHA, Wis. (AP) — Police fired tear gas and rubber bullets to disperse protesters during a third night of unrest in this southeastern Wisconsin city following the shooting of a Black man whose attorney said he was paralyzed after being shot multiple times by police. A group of protesters walked toward a fence that was put in place Tuesday around the courthouse and started shaking it. Police behind it moved toward protesters as some threw water bottles and fireworks over the fence. Armored vehicles then rolled in and tear gas was fired into the crowd. When police ordered protesters to disperse, the crowd responded by chanting “Black lives matter.” Police then fired rubber bullets. Jacob Blake, the man shot by police responding to a domestic disturbance on Sunday, is paralyzed, and it will “take a miracle” for him to walk again, his family’s attorney said Tuesday, while calling for the officer who opened fire to be arrested and others involved to...

India records over 67,000 COVID-19 cases, 1,059 deaths in a day; tally crosses 32-lakh mark https://ift.tt/32jJQaM

India on Wednesday recorded as many as 67,150 new coronavirus cases and 1,059 deaths in the last 24 hours, according to Union health ministry data. India's Covid-19 tally crossed 32 lakh-mark with Maharashtra recording the highest number of cases.

Modhera's iconic Sun Temple looks splendid on a rainy day! PM Modi shares video https://ift.tt/2Yxq62E

Prime Minister Narendra Modi on Wednesday shared mesmerizing visuals of the iconic Sun Temple in Gujarat's Modhera. Taking to Twitter, Modi posted the video of the "splendid" view. Dedicated to the solar deity Surya, located in Modhera village of Mehsana, the temple is situated on the bank of the river Pushpavati.

New top story from Time: Meet the 14-Year-Old Girl Whose Solar-Powered Invention Is a Finalist for Prince William’s Earthshot Prize

https://ift.tt/3lOdWx7 Tell Vinisha Umashankar that your teen years pale in comparison to hers, and she is quick to remind you that everyone has a different life journey. But the 14-year-old also knows that the future looks very different for her generation if the world doesn’t act to slow global warming and the effects of climate change. Still, she’s optimistic that “collective action” of people her age will turn the tide. That’s probably why Umashankar has already been doing more than her fair share. In Tiruvannamalai, a small temple town in the southern Indian state of Tamil Nadu, she designed an ingenious solar-powered alternative for the millions of charcoal-burning ironing carts that ply the streets of India’s cities—pressing clothes for workers and families. [time-brightcove not-tgx=”true”] Her invention is now getting global recognition. Umashankar is the youngest finalist for the first Earthshot Prize, a £1 million ($1.3 million) award launched by Prince William,...

Nitish asks to fast-track 137-km long Patna Ring Road, 6-lane Kachi Dargah-Bidupur bridge projects https://ift.tt/3aXqGvn

Patna: Bihar Chief Minister Nitish Kumar on Tuesday inspected the construction work of Patna Ring Road project and the Kachi Dargah-Bidupur six-lane bridge over the Ganga. Kumar asked officials to expedite the works, an official release said. The Ring Road would be a 137 km long road being built at a cost of Rs 15,000 crore, an official release said.

FOX NEWS: Lost cat lives on JFK airport runway for over two weeks before getting rescued No one likes getting stuck at the airport, not even cats.

Lost cat lives on JFK airport runway for over two weeks before getting rescued No one likes getting stuck at the airport, not even cats. via FOX NEWS https://ift.tt/3zEO1N8

FOX NEWS: Dad panics when he sees baby playing with tarantula: Watch the video David Lehman, 36, from Tucscon, Arizona, told Fox News that his reaction might be his “most embarrassing moment ever.”

Dad panics when he sees baby playing with tarantula: Watch the video David Lehman, 36, from Tucscon, Arizona, told Fox News that his reaction might be his “most embarrassing moment ever.” via FOX NEWS https://ift.tt/3nUMQXM

New top story from Time: Police: 1 Dead, 12 Injured in Mass Shooting at Tennessee Supermarket

https://ift.tt/3ky13rA (COLLIERVILLE, Tenn.) —A mass shooting at a Tennessee grocery store left one person dead and 12 others injured Thursday afternoon, and the shooter was subsequently found dead of an apparent self-inflicted gunshot wound at the store in an upscale suburb of Memphis, authorities said. Collierville Police Chief Dale Lane said the shooting broke out at a Kroger store in his suburban community about 30 miles (50 kilometers) east of Memphis. He said 13 people in all were shot and the 12 of them were taken to hospitals, some with very serious injuries. He said a police SWAT team and other officers went aisle to aisle in the store to find people who sought cover or were in hiding, removing them to safety. He said the shooter was found dead of an apparent self-inflicted gunshot wound. [time-brightcove not-tgx=”true”] “We found people hiding in freezers, in locked offices. They were doing what they had been trained to do: run, hide, fight,” the chief said with...

New top story from Time: Richard Powers on His Latest Book, Bewilderment—And Why Children Are the Ones to Call Out Climate Change Evasion

https://ift.tt/3zALCCY Richard Powers’ 2018 novel The Overstory , which won that year’s Pulitzer Prize for Fiction, followed decades of the MacArthur Fellow’s work investigating the intersections of culture, the environment, science and technology. His most recent book, Bewilderment , released Tuesday, again delves into the impact of science on human life. Bewilderment by Richard Powers In Bewilderment , something of a contemporary take on the Flowers for Algernon story, Powers writes of a neurodivergent, middle-school-aged child named Robin who undergoes an experiment involving decoded neurofeedback (a cutting-edge neuroscience technique in real life). The experiment improves Robin’s emotional quotient—at least at first. [time-brightcove not-tgx=”true”] Powers spoke to TIME ahead of the book’s release. This interview has been edited and condensed for clarity. TIME: Bewilderment clearly has a lot to say about current and ongoing events. Was it your intention to have ...