Currents - Energy Industry Insights - November 2018 #4

William Herlihy, Nicholas Preservati
Spilman Thomas & Battle, PLLC
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U.S. Global Change Research Program - Fourth National Climate Assessment -

"Impacts, risks and adaptation in the United States Report-in-Brief"

Why this is important: The assessment posits the U.S. will lose 10 percent of its gross domestic product by the end of the century if no additional action is taken to curb climate change. This economic prediction is based upon research provided by Tom Steyer related organizations that assume worst case scenarios. Countervailing studies put the loss of GDP at approximately 1 percent by the end of the century. - Hsiang et al. 2017.

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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