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Global Warming and the American Economy
A Regional Assessment of Climate Change Impacts. New Horizons in Environmental Economics Series
The impact of climate change on seven regions of the United States is studied in this new and accessible collection. The study examines how the different regions of the United States may be affected by climate change. In particular, the study explores whether warming would be beneficial to the northern (colder) regions but harmful to the economies of the southern (warmer) regions.
The study examines important sectors of the US economy that are likely to be affected by climate change. It examines agriculture, forestry, water resources, energy, and coastal resources. Economic models are used to examine each sector and there is a separate chapter for each sector. Because the study focuses on including efficient adaptation responses, the special role of adaptation is discussed in detail. The book concludes with a discussion of the impacts across the country and in each region. Any reader interested in climate change and its impacts will find this book of detailed results enlightening. The book is especially useful for people interested in studying impact methodologies.
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What Reviewers Are Saying
`This book is a good first attempt at examining the regional impacts of climate change for the United States. . . Overall, the book is an important read for those interested in climate assessment. It alerts us to the possibility that the impacts of global warming need not be homogenous, and points to the need for further research in combining basic ecological-economic modeling with plausible scenarios of technological change and globalization of the US economy.' -- Ujjayant Chakravorty, Journal of Regional Science