As temperatures rise, US incomes fall

Climate change has led to a marked decrease in salaries across the country, including in places that haven’t experienced significant temperature changes. The problem is likely not limited to the U.S. and is expected to worsen without intervention.

Heating costs

Global warming has cut incomes in the U.S. by 12% since 2000, according to a study published in the journal PNAS. “A lot of the real cost comes from how temperature changes across the whole country ripple through prices and trade,” Derek Lemoine...