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Global Warming Takes Toll on US Economy, Not Just Environment

2014-06-24 21:32:00| Climate Ark Climate Change & Global Warming Newsfeed

Nature World: The US economy may not be able to afford global warming if it continues to go unchecked, according to a major new bipartisan report released Tuesday. Among the economic costs climate change is expected to enact on the United States over the next 25 years are: $35 million in annual property losses from hurricanes and other coastal storms, $12 billion a year as a result of heat wave-driven demand for electricity, and tens of billions of dollars from the corn and wheat industry due to a 14 percent...

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