Are The Economy And Climate On A Collision Course?
New data on the economic health of the ocean and coastal economies suggest that future growth will largely take place in the narrow band of coastal lands threatened by climate change and sea level rise.
(From the Center for the Blue Economy) — The forecast is contained in the latest report from the National Ocean Economics Program (NOEP), a unit of the Center for the Blue Economy (CBE) at the Middlebury Institute of International Studies in Monterey, CA.
“The most recent data on the coastal and ocean economies of the United States show trends consistent with a national economy recovering from the deep recession of 2007 – 2009.” The report notes that economies of the coasts and coastal oceans are disproportionately large and therefore account for much of the total U.S. recovery. But within coastal states, potentially important changes are underway, the report forecasts. Population patterns are shifting so that major cities, most located in coastal areas, are growing. These coastal regions will bear the brunt of most future growth at a time when the impacts of climate change are accelerating. These coastal regions account for more than 80 per cent of the total U.S. economy.
Read the full article here: http://centerfortheblueeconomy.org/2016-noep-report