Productivity drain... I wonder who's going to pay for this and is it factored into the costs of climate change?
If you think you are setting records now, wait until next year, or maybe worse, next month.
"“The heat, it’s just miserable, I don’t know how to explain it other than you feel like you’re breathing in hot air,” she said. “Even at nighttime, the sun is down, but it’s still hot.”
In the dead of night, the temperature remains in the triple digits.
As Phoenix and a large chunk of the United States bake under a record heat wave, the massive swath of extreme heat is not only taking a toll on millions of Americans, it’s also driving up costs for businesses and putting pressure on the economy.
$100 billion productivity drain
While the true economic impact has yet to be tabulated for this weather event — the nature of excessive heat, its varying effects and sizable reach make that a tall order — recent studies have shown that extreme heat could cost the United States $100 billion annually from the productivity loss alone. If left unchecked, it could sap away one-sixth of global economic activity by the year 2100.
“The recent heat waves and scorching summer temperatures demonstrate the economic cost of heat stress,” Chris Lafakis, Moody’s Analytics’ director of economic research, wrote in an emailed response to a CNN query. “Heat waves can cause mortality and produce disruptions in business continuity. Heat waves can also stress regional power grids, driving up the cost and availability of space cooling.”"
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So strange to see the singularity approaching while the entire planet is rapidly turning into a hellscape. -John Coates
-Dik