WSJ: "Weeks of Extreme Heat Strain Small Businesses and Economy"
By Scott Patterson, Jennifer Hiller, and Alyssa Lukpat
Extreme heat can trigger irrational behavior that can add up economically, said Gernot Wagner, a climate economist at Columbia Business School and author of “Climate Schock: The Economic Consequences of a Hotter Planet.”
“Car crashes go up, road rages go up, domestic violence and assaults go up,” he said. A major risk of long-lasting heat waves is that they can help push ecosystems toward tipping points, such as melting glaciers, that might be impossible to reverse, leading to widespread economic harm.
Quoted in: "Weeks of Extreme Heat Strain Small Businesses and Economy" by Scott Patterson, Jennifer Hiller, and Alyssa Lukpat, Wall Street Journal (15 July 2023)
