Your Fault: You Made Your Earnings Go Down By 12%

AND IT IS GOING TO GET A WHOLE LOT WORSE!!!!!

Climate change has now shrunk US salaries by 12%. And worse is to come

Climate change isn’t all flooding, wildfires and melting glaciers – it comes with a price tag too. And if you assume rising temperatures haven’t hit your wallet because you haven’t lost a home to a natural disaster, the latest research suggests otherwise.

A new study finds that climate change has already cut incomes in the US by around 12 per cent since 2000. The figure is a significant increase on previous estimates and a signal that the costs of global warming are not just future projections, but a present-day reality.

“If we can’t figure out what climate change is already costing us with the data we have, projecting the future becomes almost hopeless,” said Derek Lemoine, a professor of economics at the University of Arizona and lead author of the research.

Lemoine’s previous research had put the impact on incomes at a much lower 1 per cent. But his new analysis, which captures how warming unfolds persistently over time and across the entire country, pushes that figure sharply higher.

“Climate change is already costing the US economy by changing temperatures around the country,” Lemoine told BBC Science Focus. “Most of those costs are not driven by changes in weather where you live but by how changes in weather everywhere else affect supply chains and the cost of products you buy from elsewhere in the US.”

1.7F increase since 1850 is really doomy

To isolate that effect, Lemoine had to model the world both with and without manmade greenhouse gas emissions. He then examined 50 years of county-level income data (1969–2019), measuring how changing numbers of hot and cold days affected wealth locally and nationally.

And there it is: model. Complete BS.

Also, Gemini AI really took the old barking moonbat graphic and went to town.