Page added on August 20, 2008
Panel: About $2 trillion of U.S. economic output could be hurt by weather
NEW YORK – Eight scientific organizations urged the next U.S. president to help protect the country from climate change by pushing for increased funding for research and forecasting, saying about $2 trillion of U.S. economic output could be hurt by storms, floods and droughts.
“We don’t think we have the right kind of tools to help decision makers plan for the future,” Jack Fellows, the vice president for corporate affairs of the University Corporation for Atmospheric Research, a consortium of 71 universities, told reporters in a teleconference on Wednesday.
The groups, including the American Geophysical Union and the American Meteorological Society, urged Democratic presidential candidate Barack Obama and Republican rival John McCain to support $9 billion in investments between 2010 and 2014 to help protect the country from extreme weather, which would nearly double the current U.S. budget for the area.
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