Article 3PKC4 Global warming will depress economic growth in Trump country | Dana Nuccitelli

Global warming will depress economic growth in Trump country | Dana Nuccitelli

by
Dana Nuccitelli
from Environment | The Guardian on (#3PKC4)

It's global warming that will hurt the economy in red states, not a carbon tax.

A working paper recently published by the Federal Reserve Bank of Richmond concludes that global warming could significantly slow economic growth in the US.

Specifically, rising summertime temperatures in the hottest states will curb economic growth. And the states with the hottest summertime temperatures are all located in the South: Florida, Louisiana, Texas, Mississippi, Oklahoma, Alabama, Georgia, South Carolina, Arkansas, and Arizona. All of these states voted for Donald Trump in 2016.

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