Reported 11 months ago
The Atlantic Council estimates that extreme heat costs the US GDP $100 billion annually, with potential to double by 2030 due to climate change. Heatwaves affect agricultural and labor productivity, increase costs of cooling for businesses, and pose health risks, impacting economic output. Infrastructure like electric grids also needs updates for resilience. President of the Center for Climate and Energy Solutions Nathaniel Keohane suggests investments and policies are needed to mitigate emissions contributing to climate change and address the economic impacts of heatwaves.
Source: YAHOO