BUSINESS AND THE ENVIRONMENT: RUN-UP TO THE WARM
What’s spurring regulatory action? Studies such as a July report claiming Nevada could suffer serious economic losses from global warming, for one.
The University of Maryland study, called “Climate Change and the Economy,” asserts that a 3- to 4-degree jump in spring and fall temperatures and a 5- to 6-degree gain in winter and summer temperatures in Nevada by 2100 would yield a drier climate in the Silver State. Dwindling water supplies could affect tourism, development and public health, and could cost the state “billions,” the report states.
For example, a water shortage might curb residential and commercial construction. Building and development rank as the state’s second-biggest job sector, and an industry contraction of 65 percent compared with current building activities would mean $3.6 billion in lost revenue for state and local governments, the study said. An accompanying drop in consumption and labor availability would pile on $4.7 billion more in losses annually. Read full story:
Technorati Tags: JENNIFER ROBISON, Las Vegas REVIEW-JOURNAL, Springs Preserve, Duane Prokop, The University of Maryland, Matthias Ruth, Center for Integrative Environmental Research, The Center for American Progress, Nevada Conservation League, Robert Mendelsohn, Yale University, Andy Matthews, Jim Gibbons, Somer Hollingsworth, Nevada Development Authority, Nevada Solar One, Solar Star, Ausra, NCET, Nevada’s Center for Entrepreneurship and Technology
…
