[MCN] Heat waves threaten the economy, driving up utility costs

[Lance Olsen]

Do heat waves damage the economy? Experts explain

ABC News - Breaking News, Latest News and Videos
https://abcnews.com › Business › story
 <https://abcnews.com/Business/heat-waves-damage-economy-experts-explain/story?id=134543992>
ABC News - Breaking News, Latest News and Videos
https://abcnews.com › Business › story
Jul 8, 2026 — Heat waves threaten costs for the economy, sapping workers' productivity, shutting shoppers inside their homes and driving up utility costs, ...

How extreme heat affects the economy <https://sp2.upenn.edu/how-extreme-heat-affects-the-economy/>
UPenn SP2 <https://sp2.upenn.edu/how-extreme-heat-affects-the-economy/>
https://sp2.upenn.edu › how-extreme-heat-affects-the-e... <https://sp2.upenn.edu/how-extreme-heat-affects-the-economy/>
2 days ago — Studies show how both hot and cold temperatures can negatively affect worker productivity, but hot temperatures also increase workplace …
Read more <https://sp2.upenn.edu/how-extreme-heat-affects-the-economy/#:~:text=Studies%20show%20how%20both%20hot,increase%20workplace%20accidents%20and%20injuries.>


Heat Waves Have Cost World Economy Trillions of Dollars <https://home.dartmouth.edu/news/2022/10/heat-waves-have-cost-world-economy-trillions-dollars>
Dartmouth <https://home.dartmouth.edu/news/2022/10/heat-waves-have-cost-world-economy-trillions-dollars>
https://home.dartmouth.edu › news › 2022/10 › heat-w... <https://home.dartmouth.edu/news/2022/10/heat-waves-have-cost-world-economy-trillions-dollars>

Oct 31, 2022 — Massive economic losses due to sweltering temperatures brought on by human-caused climate change are not just a problem for the distant future.
Read more <https://home.dartmouth.edu/news/2022/10/heat-waves-have-cost-world-economy-trillions-dollars#:~:text=Massive%20economic%20losses%20due%20to,problem%20for%20the%20distant%20future.>


The Mounting Costs of Extreme Heat

U.S. Congress Joint Economic Committee (.gov)
https://www.jec.senate.gov › index.cfm › democrats › th...
 <https://www.jec.senate.gov/public/index.cfm/democrats/2023/8/the-mounting-costs-of-extreme-heat>
Aug 10, 2023 — Another report found that, in 2020, loss of productivity from heat exposure cost the economy $100 billion with annual costs expected to grow to …
Read more <https://www.jec.senate.gov/public/index.cfm/democrats/2023/8/the-mounting-costs-of-extreme-heat#:~:text=Another%20report%20found%20that%2C%20in,to%20%24500%20billion%20by%202050.>



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“When I tell politicians to act now, the most common answer is that they can’t do anything drastic, because that would be too unpopular among voters. 

“And they are right of course.”

15 yr. old Greta Thunberg in speech to European Parliament

Full text 
https://www.europarl.europa.eu/resources/library/media/20190416RES41665/20190416RES41665.pdf

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