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DrMcPharma ep. 31: U.S. Climate Change: What are the Economic and Financial Imperatives


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The provided resource collectively examines the multifaceted impacts of climate change on the United States, with a particular focus on its economic and societal consequences. The Congressional Budget Office report offers a comprehensive analysis of how rising temperatures and natural disasters could affect the nation's Gross Domestic Product (GDP)real estate markets, and various other aspects like human healthbiodiversityimmigration, and national security, highlighting uncertainties and potential tipping points. Complementing this, the U.S. Department of the Treasury details the direct financial strain climate hazards place on American households, including reduced income, property damage, and increased costs for essentials like transportation, healthcare, and utilities, while also proposing mitigation strategies for both consumers and policymakers. Finally, the National Oceanic and Atmospheric Administration reinforces these concerns, asserting that climate change impacts are escalating for Americans, with significant financial repercussions and disproportionate effects on underserved communities. The EPIC (Energy Policy Institute at the University of Chicago) source broadly indicates a research focus on the global energy challenge, climate change impacts, and related policy solutions.

https://www.nature.com/articles/d41586-025-02505-x

https://epic.uchicago.edu/area-of-focus/climate-change-and-the-us-economic-future/

https://www.noaa.gov/news-release/climate-change-impacts-are-increasing-for-americans

https://www.cbo.gov/publication/61146

https://www.nber.org/papers/w32450

https://home.treasury.gov/news/press-releases/jy1775

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