‘They’re suffering now’: Americans scramble to adapt to daily reality of climate crisis

“There’s a potentially infinite number of ways you can adapt – by changing your wardrobe or your eating habits or all these kinds of things,” said Amir Jina, an environmental economist at the University of Chicago. “But any of the really effective ones that we know of, like air conditioning or air filters, they’re going to cost money. They’re going to cost quite a lot of money, in some cases.”

By Emily Holden, The Guardian

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Valuing the Global Mortality Consequences of Climate Change Accounting for Adaptation Costs and Benefits

The Quarterly Journal of Economics

This paper estimates that the release of an additional ton of carbon dioxide today will cause mean damages to global mortality risk valued at $36.6 under a high emissions scenario and $17.1 under a moderate scenario, using a 2% discount rate that is justified by US Treasury rates over the last two decades. It is a core input to the Climate Impact Lab's Data-driven Spatial Climate Impact Model (DSCIM).

Published November 1, 2022

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