How a warming planet reaches your wallet
Process map by Brian. 8 steps, 1 layer. Tags: climate, economics, environment.
- The planet: CO2 traps heat and the planet warms
- The planet: Hotter, drier summers raise the risk of fire
- The planet: Warmer oceans fuel heavier storms
- Businesses: Damaged ports and factories disrupt deliveries
- People: Prices rise and insurance costs more
- Central bank: Is inflation too high?
- Central bank: Raise rates and slow the economy
- People: Governments and firms invest in cleaner energy