The continent must brace itself for the big heat: a hotter climate will cost Europe dear if average global temperatures soar by 3°C near the end of the century, when heat extremes could claim an additional 132,000 deaths a year. Labour productivity in some southern European countries could fall by 10 to 15%. As sea levels rise, there could be a five-fold increase in coastal flood damage, to affect more than 2 million people and wreak economic tolls of €60 billion (US$68 bn) a year. As extremes of rainfall increase, swollen rivers could expose three times as many people to inland flooding, and the damage from river floods could rise from €5.3m a year to €17.5m. If, on the other hand, the world keeps the promise it made to itself in Paris in 2015, and contains global warming to 2°C or less by the century’s end, coastal flooding – which already affects 100,000 people and costs €1.25 bn a year – will affect only an estimated 436,000 and total €6 bn a year in annual damage.
Climate News Network 23rd Nov 2018 read more »
Unchecked climate change will cost the US hundreds of billions of dollars and damage human health and quality of life, a US government report warns. “Future risks from climate change depend… on decisions made today,” the 4th National Climate Assessment says. The report says climate change is “presenting growing challenges to human health and safety, quality of life, and the rate of economic growth”. The warning is at odds with the Trump administration’s fossil fuels agenda.
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