College Park, Md. - The economic impact of climate change will cost a number of U.S. states billions of dollars, and delaying action will raise the price tag, concludes the latest series of reports produced by the University of Maryland's Center for Integrative Environmental Research (CIER).
The new reports project specific long-term direct and ripple economic effects on North Carolina, North Dakota, Pennsylvania and Tennessee. In most cases, the price tag could run into billions of dollars.
The studies combine existing data with new analysis and have been conducted by CIER in conjunction with the National Conference of State Legislators. Last July they released similar studies on Colorado, Georgia, Kansas, Illinois, Michigan, Nevada, New Jersey and Ohio. http://www.newsdesk.umd.edu/uniini/release.cfm?ArticleID=1700
"State and local communities would do well to prepare for a cascade of impacts on many of their most basic systems and services," says Matthias Ruth, principal investigator and director of the Center for Integrative Environmental Research at the University of Maryland. "From sewers to aquifers, highways and health systems, climate change will rewrite communities' infrastructure needs. Quick action will be expensive, but delayed action will cost even more."
Last year, Ruth conducted a similar nationwide analysis and concluded that the total economic cost of climate change in the United States will be major and affect all regions, though the cost remains uncounted, unplanned for and largely hidden in public debate. http://www.newsdesk.umd.edu/sociss/release.cfm?ArticleID=1521
"It's important to pinpoint the economic fallout from climate change at a much more local level, because it gives citizens and policymakers data that can help them plan for changes that lie ahead," Ruth adds. "Many states are highly vulnerable to the effects of climate change, and these studies suggest that the resulting impacts could create serious economic dislocation, running, in many cases to billions of dollars. Some of the climate changes have already been set in motion and these will create economic effects. But inaction or delay will only worsen the situation."
STATE FINDINGS IN BRIEF
North Carolina: Most significant impact likely felt along the coastline, but damage to agriculture, forestry and manufacturing could also occur with total costs running into billions of dollars. Details: http://www.newsdesk.umd.edu/sociss/2008/cierfinal4page2.cfm
North Dakota: "If drought and flooding increase as predicted, crop and livestock productivity is likely to decrease. Climate change also may cause losses in the tourism industry and increase the cost of maintaining infrastructure," says the report. It also projects a decline in hydroelectric production capacity. Total losses could cost the state millions of dollars. Details: http://www.newsdesk.umd.edu/sociss/2008/cierfinal4page2.cfm
Pennsylvania: "Overall, climate change may create significant economic costs for infrastructure, manufacturing, water resources, and agriculture; forestry may see some economic benefits," says the CIER report. Total costs could run into billions of dollars. Details: http://www.newsdesk.umd.edu/sociss/2008/cierfinal4page2.cfm
Tennessee: Increases in temperature greater than the global average, a seven percent increase in precipitation, along with increases in extreme weather, are predicted for the state. The forestry sector may see some benefits from these changes, but the state's strained water resources may suffer, as may infrastructure, the hunting industry and public health. Economic losses could run into billions of dollars.Details: http://www.newsdesk.umd.edu/sociss/2008/cierfinal4page2.cfm
The complete reports are available online.
LESSONS FOR ALL STATES
The reports offer five "lessons" derived from the researchers' analysis:
The researchers selected all 12 states for analysis based on the availability of data from prior studies, while avoiding replication of research on states already in the limelight (e.g., California). The researchers also wished to provide geographical diversity.
|Contact: Neil Tickner|
University of Maryland