Climate change is going to be very bad for the global economy
REUTERS/Ueslei Marcelino
Extreme heat, it turns out, is very bad for the economy. Crops fail. People work less, and are less productive when they do work.
That's why an increase in extremely hot days is one of the more worrisome prospects of climate change.
To predict just how various countries might suffer or benefit, a team of scientists at Stanford and the University of California, Berkeley, have turned to historical records of how temperature affects key aspects of the economy. Читать дальше...