Climate Change and US Politics: A Perfect Storm
- Forecast for 6 months: In the next 6 months, we can expect to see increased tensions between the US and other countries over climate change, with the US likely to pull out of the Paris climate agreement. This could lead to a decline in international cooperation on climate change, making it harder for developing countries to access climate finance.
- Forecast for 1 year: In the next year, we can expect to see a significant increase in climate-related disasters, such as hurricanes, droughts, and extreme heatwaves. This could lead to a surge in climate migration, with millions of people displaced from their homes due to climate-related disasters.
- Forecast for 5 years: In the next 5 years, we can expect to see a significant shift in the global economy, with many countries transitioning to clean energy sources and reducing their greenhouse gas emissions. However, this could also lead to a decline in economic growth, particularly in countries that are heavily reliant on fossil fuels.
- Forecast for 10 years: In the next 10 years, we can expect to see a significant increase in global temperatures, with the world likely to reach 1.5°C above pre-industrial levels. This could lead to catastrophic climate-related disasters, such as sea-level rise, droughts, and extreme weather events, making it harder for humans to survive on the planet.
Tags: finance, global climate change
