Economics of Climate Change

A changing climate is already being felt in the pocketbook. Whether these are direct, weather-related crop losses or new sources of income, weather and climate have a direct economic impact on Northeast producers.

Many are looking at long- and short-term strategies to improve their farm’s resilience to severe weather such as heavy rain storms or to profit from increasing average temperatures and longer growing seasons. Economic case studies provide additional insight on the impacts of climate change on specific producers and the solutions they have adopted. These can help farmers determine whether potential investments would be worthwhile. Economic case studies analyze the value of potential solutions such as new infrastructure or equipment over the long term. This can include farm budgets, statistics, and various cost-benefit analyses.

Economic Tools and Case Studies by State