«Climate change has already delivered
severe economic damage and things will only get worse without more action,» said Andrew Steer, the president of the World Resources Institute, a Washington - based think tank, in a press statement.
... the US Senate voted 95 - 0 against signing any treaty that would «cause
severe economic damage to the US», while exempting the rest of the world.
We are at serious risk of inflicting
severe economic damage on ourselves and future generations on a quest that is quixotic at best.
The massive, abrupt switch to ethanol has caused
severe economic damage to the impoverished who must now pay double for milk powder and beans, dietary staples of the poor.
Not exact matches
Ma said the environmental
damage of the high rate of growth has been
severe, and there are other advantages to embracing the
economic slowdown.
The recent
severe storms have been devastating for residents of two populous regions of the country (Houston and Florida), but the bulk of the
economic damage should be localized while the long - term impact to the national economy is limited.
On the other hand, if these tariffs are the first shot in a prolonged trade war that spirals out of control, the
economic damage could be far more
severe.
«Mandatory insurance for all home - owners would reassign the costs for
damage within a framework of solidarity, while the premium rebates would create
economic incentive for private mitigation measures to tackle elementary
damage such as flooding,
severe rainfall and snow pressure,» prompts Prof. Reimund Schwarze from UFZ as food for thought.
The report for 2012, based on an index of fatalities and
economic damage from weather extremes, noted that Haiti was struck by Hurricane Sandy, the Philippines by typhoon Bopha and Pakistan had suffered
severe monsoon floods.
The disease recently caused
severe damage and
economic losses among walnut tree growers in California.
According to a National Research Council Report (See «
Severe Space Weather Events — Understanding Societal and
Economic Impacts: A Workshop Report» [2008]-RRB-,
damages from the most extreme solar storms could range between $ 1 trillion - $ 2 trillion within the first year and four to 10 years for full recovery.
There are additional risks related to commodity investments due to large institutional purchases or sales, changes in exchange rates, government regulation, world events,
economic and political conditions in the countries where energy companies are located or do business, and risks for environmental
damage claims, as well as natural and technological factors such as
severe weather, unusual climate change, and development and depletions of alternative resources.
Extremely Hot events, even for a single summer, kill established trees, permanently
damage ecosystems and cause
severe economic distress.
Not only do the
economic climate models need to predict policy shifts, population growth, and the pace and type of climate changes to come — more droughts, more
severe storms, higher temperatures in some places and lower in others, etc. — but they also try to quantify things such as agricultural and forestry losses,
damage from catastrophic storms, utility costs, savings from efficiency improvements, water shortages, and sometimes even the
economic consequences of refugee flows.
Climate impact concerns include environmental quality (e.g., more ozone, water - logging or salinisation), linkage systems (e.g., threats to water and power supplies), societal infrastructures (e.g., changed energy / water / health requirements, disruptive
severe weather events, reductions in resources for other social needs and maintaining sustainable livelihoods, environmental migration (Box 7.2), placing blame for adverse effects, changes in local ecologies that undermine a sense of place), physical infrastructures (e.g., flooding, storm
damage, changes in the rate of deterioration of materials, changed requirements for water or energy supply), and
economic infrastructures and comparative advantages (e.g., costs and / or risks increased, markets or competitors affected).
Collateral
economic damage will be most
severe in rural areas that are already seriously challenged.
The Plaintiffs claimed that their
severe burns and over $ 2.7 million in
economic damages were the result of an explosion caused by an allegedly defective valve.
Injuries sustained in a side - impact collision can be
severe, and T - Bone accident victims are often left with lingering pain and suffering, significant medical bills, lost wages and other
economic damages.
The emotional
damage can be
severe, and the
economic losses are often devastating.
Claims caused by auto accidents can only be considered for
economic losses outside the No - Fault coverage as well as for non-
economic damages such as
severe pain, and physical and mental distress only if there is a «serious injury,» under the regulations set by the New York State Insurance Department.