[MCN] Climate versus the economy : GAO: US federal budget exposed to rising costs from firing up the fossil fuels

[Lance Olsen]

Climate Change: Potential Economic Costs and Opportunities to Reduce Federal Fiscal Exposure <https://news.google.com/articles/CBMiKGh0dHBzOi8vd3d3Lmdhby5nb3YvcHJvZHVjdHMvR0FPLTIwLTMzOFTSAQA?hl=en-US&gl=US&ceid=US%3Aen>
Disaster costs will likely increase as extreme weather events become more frequent and intense due to climate change, scientists report. In 2018 alone, weather ...
Government Accountability Office
December 19, 2019

Highlights [ 2 pages ]
https://www.gao.gov/products/GAO-20-338T <https://www.gao.gov/products/GAO-20-338T>

Full report [ 24 pages ]
https://www.gao.gov/assets/710/703452.pdf <https://www.gao.gov/assets/710/703452.pdf>
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A core question: What is “resilience”?

2018 — “Resilience is a popular narrative for conservation and provides an opportunity to communicate optimism that ecosystems can recover and rebound from disturbances.” (Emily S. Darling and Isabelle M. Côté, Science, March 2, 2018). 

2014 — “Emerging from a wide range of disciplines, resilience in policy-making has often been based on the ability of systems to bounce back to normality, drawing on engineering concepts. This implies the return of the functions of an individual, household, community or ecosystem to previous conditions, with as little damage and disruption as possible following shocks and stresses”  (Tanner et al, Nature Climate Change,  December 18, 2014). 

1938 — Resilience. 1- The act or power of springing back to a former position or shape. 2. The quantity of work given back by a body that is compressed to a certain limit and then allowed to recover itself, as a spring under pressure suddenly relaxed.”  (Funk & Wagnall’s New Standard Dictionary of the English Language, vol.2, M-Z 1938)




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