Impacts of Climate Change on Washington’s Economy : A Preliminary Assessment of Risks and Opportunities

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Title: Impacts of Climate Change on Washington’s Economy : A Preliminary Assessment of Risks and Opportunities
Author: Bauman, Yoram; Doppelt, Bob; Mazze, Sarah, 1977-; Wolf, Edward C.; Climate Leadership Initiative; Washington Economic Steering Committee
Abstract: In early 2006, Washington’s Department of Community, Trade, and Economic Development and Department of Ecology commissioned the Climate Leadership Initiative (CLI) at the University of Oregon to analyze the current and likely future effects of global climate change on Washington’s economy. The assessment was launched at a symposium at SeaTac airport on May 4, 2006 at which scientists, economists, and stakeholders shared and discussed current research on the topic. With oversight from a steering committee comprising economists and scientists from Washington universities, the private sector, and government, a CLI research team spent six months evaluating research and information about the economic effects of climate change in Washington and the Pacific Northwest. The team reached three conclusions about the effects of climate change on Washington’s economy: 1. Climate change impacts are visible in Washington State and their economic effects are becoming apparent. 2. The economic effects of climate change in Washington will grow over time as temperatures and sea levels rise. 3. Although climate change will mean increasing economic effects, it also opens the door to new economic opportunities. Scientists expect the Pacific Northwest climate to warm approximately 0.5ºF every ten years over the next several decades, a rate more than three times faster than the warming experienced during the twentieth century.
Description: 122 p.
URI: http://hdl.handle.net/1794/3924
Date: 2006-11


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