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Figure : overview_sectoral-cost-savings-from-mitigation_v1
New Economic Impact Studies
This figure appears in chapter 1 of the Impacts, Risks, and Adaptation in the United States: The Fourth National Climate Assessment, Volume II report.
Annual economic impact estimates are shown for labor and air quality. The bar graph on the left shows national annual damages in 2090 (in billions of 2015 dollars) for a higher scenario (RCP8.5) and lower scenario (RCP4.5); the difference between the height of the RCP8.5 and RCP4.5 bars for a given category represents an estimate of the economic benefit to the United States from global mitigation action. For these two categories, damage estimates do not consider costs or benefits of new adaptation actions to reduce impacts, and they do not include Alaska, Hawaiʻi and U.S.-Affiliated Pacific Islands, or the U.S. Caribbean. The maps on the right show regional variation in annual impacts projected under the higher scenario (RCP8.5) in 2090. The map on the top shows the percent change in hours worked in high-risk industries as compared to the period 2003–2007. The hours lost result in economic damages: for example, $28 billion per year in the Southern Great Plains. The map on the bottom is the change in summer-average maximum daily 8-hour ozone concentrations (ppb) at ground-level as compared to the period 1995–2005. These changes in ozone concentrations result in premature deaths: for example, an additional 910 premature deaths each year in the Midwest. Source: EPA, 2017. Multi-Model Framework for Quantitative Sectoral Impacts Analysis: A Technical Report for the Fourth National Climate Assessment. U.S. Environmental Protection Agency, EPA 430-R-17-001.
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This figure was created on April 22, 2018.
This figure was submitted on November 27, 2018.
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