Sentences with phrase «severe economic impact»

The declining outlook for this year's corn crop and accelerating prices for corn and other grains are having a severe economic impact on the State, particularly on our poultry and cattle sectors.

Not exact matches

The IMF cites a number of risks to their optimistic outlook for the next two years, risks that are more concerning for the medium term (2020 and beyond), including geopolitical strains, a sudden and severe tightening of monetary policies, waning popular support for global economic integration, and a move toward protectionist trade policies that would impact global trade.
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.
The economic impact of major storms can be severe.
Federal regulators will have to redo an analysis of the economic impacts of a potential severe accident at New York's Indian Point nuclear power plant.
Although current drought worries have been focused in the West — Western states have experienced insect outbreaks; mass tree die - offs; loss of water and carbon; bigger and more costly wildfires; and economic impacts to timber stands due to severe, multiyear drought — in the wake of a changing climate, the report notes that «all U.S. forests are vulnerable to drought.»
The third U.S. climate assessment note global warming's disruptions have hit the country, with more severe weather and economic impacts
Millions of acres of forest have been lost, with severe economic and ecological impacts from a beetle outbreak ten times larger than previous outbreaks.
A successful early warning system is key to reducing the economic impact of such storms, which has been estimated by the National Academy of Sciences to be several trillion dollars in the most severe cases.
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.
State pension funds have been impacted by underfunding of obligations and by the severe economic recession.
«Beyond 2 degrees you risk potentially catastrophic impacts such as a destabilization of the polar land - based ice sheets that would have very severe economic consequences which are not present in the economic models,» Ward at LSE said.
Then came articles contending that the 2007 report was inaccurate on a host of other issues, including African drought, the portion of the Netherlands below sea level, and the economic impact of severe storms.
The economic impact of instituting the regulations associated with the Paris agreement will be severe.
Some countries, such as China and the United States of America, are in a win - win position of achieving economic growth through fossil fuel use with few consequences from the resulting climate change, while many other, mostly Island and African, countries suffer low economic growth and severe, negative climate change impacts (see Supplementary Table S4 online).
Though precise consequences can not yet be defined, three main pathways of climate change impact are outlined, affecting fisheries and aquaculture, their dependent communities and their economic activities: direct physical (e.g. flooding, severe droughts), biological and ecological (e.g. productivity of lakes and rivers), and indirect wider social and economic (e.g. fresh water use conflicts).
The state is now entering its fourth year of severe drought conditions, with an estimated economic impact approaching $ 2 billion, according to a University of California, Davis report.
There is also ample scope for reforming tax systems to deal much more effectively with broader environmental and related problems that can be a significant drag on economic growth, such as the health and productivity impacts of poor air quality, and severe congestion of major urban centers.
The risk that climate stresses will cause profound impacts on ecosystems and society — including the possibility of species extinction or severe adverse socio - economic shocks — highlights limits to adaptation.
Severe weather in one area that interferes with transportation or shipping of raw or finished goods, like refined oil, can have wider economic impacts.
Severe extended heatwaves affected the most populous and economically developed part of China and caused substantial economic and societal impacts.
Disruptions in energy systems have the potential to cause severe impacts, thereby limiting economic and societal development.
Not only will climate change directly impact forests and the other natural systems that maintain critical water - related ecosystem services, climate impacts will be experienced largely through the medium of water — melting glaciers, changing rainfall patterns, increased water stress and drought from higher temperatures, more severe storms — resulting in increased water and food insecurity, and constraints on economic opportunity.
The National Climate Assessment sounds the harsh warning that sea levels will rise between 1 - 4 feet by 2100, and with nearly 5 million people in the United States living within four feet of the local high - tide level, the economic impacts will be severe.
Hurricanes, floods, other severe weather events and droughts often have regional or local economic impacts.
Supporters say limiting heat - trapping gases is needed to protect human health and the environment; the state faces severe economic and environmental disruption from rising sea levels; increased risks of drought and wildfire, and other climate - change impacts.
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).
In extreme cases, nutrient - deficient waters coupled with over-fishing cause fisheries to collapse bringing about severe, extended economic impacts.
In both, responses to increasingly severe levels of low water range from voluntary consumption reductions to regulations, to be invoked where supply no longer meets demand and communities experience social and economic impacts.
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 economic impacts of de-risking have been so severe that several Caribbean central banks have begun working with bitcoin - based payments company Bitt in order to create an alternative currency settlement network in the Caribbean.
The Federal Governments» «Developing the North» economic development agenda, which has clearly been influenced by business lobby groups and will have severe impacts on Aboriginal land rights law, employment, and in the long run the wellbeing of communities.
As respected community leaders in a region impacted by severe economic decline, The Windsor - Essex County Real Estate Board, Greater Windsor Home Builders Association and Windsor - Essex Regional Chamber of Commerce have joined forces to create a marketing partnership dedicated to pursuing the 50 + market, says Krista Del Gatto, the real estate board's executive officer.
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