Sentences with phrase «economic impacts of climate change likely»

Economic Impacts of Climate Change Likely Limited in This Century, Says New Study - DC Weekly Daily News

Not exact matches

The consequences of climate change are being felt not only in the environment, but in the entire socio - economic system and, as seen in the findings of numerous reports already available, they will impact first and foremost the poorest and weakest who, even if they are among the least responsible for global warming, are the most vulnerable because they have limited resources or live in areas at greater risk... Many of the most vulnerable societies, already facing energy problems, rely upon agriculture, the very sector most likely to suffer from climatic shifts.»

The analysis seeks to capture the economic risks of low - probability, high - impact climate events as well as the changes most likely to occur in the future.

The top right hand quadrant of the World Economic Forum's annual Global Risks Report is home to highly likely, high impact dangers that have not been resolved: climate change, weapons of mass destruction, water scarcity, mass forced migration, and energy price shocks.

A rational public and private sector response to the threat of storm damage in a changing climate must therefore acknowledge scientific uncertainties that are likely to persist beyond the time at which decisions will need to be made, focus more on the risks and benefits of planning for the worst case scenarios, and recognize that the combination of societal trends and the most confident aspects of climate change predictions makes future economic impacts substantially more likely than does either one alone.

[10] While many companies appear to believe that climate targets will not be met, we are unaware of any company (save Statoil) that endeavors to incorporate the physical and economic impacts of largely unabated climate change on the macroeconomic forecasts that drive their modeling, though that flows, ipso facto, from the suggestion that the world is likely to use far more fossil fuels than could safely be combusted whilst still achieving those targets.

Further, as Reason Foundation Vice President Julian Morris «finds the administration's estimates of the social cost of carbon are «biased upwards» due to their reliance on three «simplistic models, all of which use estimates of climate sensitivity that are likely too high and two of which likely overestimate the economic impact of climate change.»