Dire report says climate change will shrink US economy

This, according to a report released by over 300 scientist and 13 federal agencies—and was mandated by the US Congress.



Climate change-related weather events are expected to become more frequent and more intense and that's going to hit the US economy hard. That's the one thing in an extensive report released by the US government. It says low-income communities will be the most affected by global warming.

This, according to a report released by over 300 scientist and 13 federal agencies—and was mandated by the US Congress.

The report forecasts that the US could lose hundreds of billions of dollars by the end of the century due to this changing climate.

Agriculture in the Midwest will be the hardest hit amongst US industrial sectors. The report also says rising temperatures would be the largest factor contributing to a forecasted decline in food productivity.

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