CLIMATE CHANGE TO BRING DOWN REAL U.S. GDP BY 0.03% ANNUALLY FOR NEXT 30 YEARS: REPORT

Highlights

• The CBO came up with this research paper by analysing both positive and negative contributions to gross domestic product (GDP), longer growing seasons in colder climates to drought to damage to factories from more intense storms

• Few aspects of climate change are Incorporated quickly and directly, while others are more indirect and could take longer to manifest themselves said CBO researchers