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17 May 2021 01:47:56 UTC
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Yes
Global Warming To Cause Permanent Great Depression (Times Two)
In this Majority Report clip, you probably won't be able to afford Super Hell World.
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"A working paper recently published by the Federal Reserve Bank of Richmond concludes that global warming could significantly slow economic growth in the US.
Specifically, rising summertime temperatures in the hottest states will curb economic growth. And the states with the hottest summertime temperatures are all located in the South: Florida, Louisiana, Texas, Mississippi, Oklahoma, Alabama, Georgia, South Carolina, Arkansas, and Arizona. All of these states voted for Donald Trump in 2016.
This paper is consistent with a 2015 Nature study that found an optimal temperature range for economic activity. Economies thrive in regions with an average temperature of around 14°C (57°F). Developed countries like the US, Japan, and much of Europe happen to be near that ideal temperature, but continued global warming will shift their climates away from the sweet spot and slow economic growth. The question is, by how much?"*
Read more here: https://www.theguardian.com/environment/climate-consensus-97-per-cent/2018/may/07/global-warming-will-depress-economic-growth-in-trump-country
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https://www.youtube.com/watch?v=DrIPRmLxL94
We need your help to keep providing free videos! Support the Majority Report's video content by going to http://www.Patreon.com/MajorityReport
"A working paper recently published by the Federal Reserve Bank of Richmond concludes that global warming could significantly slow economic growth in the US.
Specifically, rising summertime temperatures in the hottest states will curb economic growth. And the states with the hottest summertime temperatures are all located in the South: Florida, Louisiana, Texas, Mississippi, Oklahoma, Alabama, Georgia, South Carolina, Arkansas, and Arizona. All of these states voted for Donald Trump in 2016.
This paper is consistent with a 2015 Nature study that found an optimal temperature range for economic activity. Economies thrive in regions with an average temperature of around 14°C (57°F). Developed countries like the US, Japan, and much of Europe happen to be near that ideal temperature, but continued global warming will shift their climates away from the sweet spot and slow economic growth. The question is, by how much?"*
Read more here: https://www.theguardian.com/environment/climate-consensus-97-per-cent/2018/may/07/global-warming-will-depress-economic-growth-in-trump-country
Watch the Majority Report live M–F at 12 p.m. EST at youtube.com/samseder or listen via daily podcast at http://Majority.FM
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...
https://www.youtube.com/watch?v=DrIPRmLxL94
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