Climate change could drive more than 100 million people into poverty by 2030 largely due to difficulties producing crops, according to a new World Bank report.
Around the world, climate change could lead to a 5% decline in crop yields by 2030 and 30% by 2080. Disease spread during extreme weather events also threaten to exacerbate global poverty, the report found.
The Environmental Protection Agency estimated its stricter smog limits would only cost Americans $1.4 billion a year, but a new report argues the total cost to the economy is likely 40 times higher than agency estimates.
The right-leaning American Action Forum says EPA’s updated smog, or ground-level ozone, rule could cost $56.5 billion in lost wages based on economic losses from counties that couldn’t comply with the agency’s 2008 rule.
“Observed nonattainment counties experienced losses of $56.5 billion in total wage earnings, $690 in pay per worker, and 242,000 jobs between 2008 and 2013,” according to AAf policy experts.
You get the idea that it isn’t the weather forcing people into poverty?