You Might Earn Less Per Day Because of Climate Change
By Ben Goldfarb
By now you're probably familiar with the litany of potential impacts from climate change: submerged coastal infrastructure, more frequent, extreme weather events, and even more violence. And now, to the long list of climate woes, you can add one more: You'll likely make less money.
That's the chief finding of a new study from the National Bureau of Economic Research (NBER), which shows the productivity of American counties declines by nearly one percent for every degree Fahrenheit by which temperatures exceed 59 degrees.
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