A report from University of Maryland’s Center for Integrative Environmental Research (CIER) reports that climate change will cost billions of dollars in the long run for US states based on impacts already occurring in 8 states: Colorado, Georgia, Kansas, Illinois, Michigan, Nevada, New Jersey and Ohio.
Combining existing data with new analysis, the studies project the long term economic impact of climate change on these 8 states.
- Colorado will experience more than $1 billion in losses due to impacts on tourism, forestry, water resources and human health from a predicted drier, warmer climate.
- Georgia will experience multi-million dollar losses from predicted higher sea levels along Georgia’s coast.
- Kansas‘s environmental losses will exceed $1 billion from impact on agriculture of predicted warmer temperatures and reduced water supply in much of the state.
- Illinois will have billions of dollars in losses from impact on shipping, trade and water resources. Warmer temperatures and lower water levels predicted for much of the state.
- Michigan will have billions of dollars in losses from damage to the state’s shipping and water resources. Warmer temperatures and lower water levels predicted for much of the state.
- Nevada will pay billions of dollars for losses from a much drier climate and pressure on scarce water resources. Water limitations could affect tourism, real estate, development and human health. Many western states may confront similar challenges.
- New Jersey will experience billions of dollars in losses from higher sea levels and the impact on tourism, transportation, real estate and human health.
- And Ohio will experience billions of dollars in losses from warmer temperatures and lower water levels and the resulting impact on shipping and water supplies.
Date: 25 July 2008