Climate Change Could Cut U.S. GDP By 10 Percent. Here’s What Entrepreneurs Should Be Looking Out For.

Here’s how the major effects of climate change will affect the U.S. economy — and your small business or company

inc. magazine
Inc Magazine

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Photo: Jed Share/Kaoru Share/Blend Images/Getty Images

By Alyssa Satara

Over the weekend, while many Americans were celebrating Thanksgiving with family and friends, the U.S. government released a federally mandated report that explained the dire foreseeable effects that climate change will have on the economy, quality of life, and health in the U.S.

The study exposed the severe impact climate change will have over the next century if nothing is done. One of the biggest losses will be major industries around the U.S. that have long been the backbone of the U.S. economy.

While this report may be daunting, it provides real insight into how business owners and leaders can navigate these destructive outcomes. It also gives industries most impacted by climate change a chance to salvage their businesses before the damage is done. Here are the main aspects that small business owners and entrepreneurs should know about the National Climate Change Assessment report.

1. The Agriculture Industry Will Be Heavily Affected by…

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inc. magazine
Inc Magazine

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