Tooze on How Climate Change Will Alter the Economics of Winter
Less snowfall won’t necessarily mean fewer megastorms.
Some 31 percent of land on Earth is covered by snow at some point during the year—equaling about 46 million square kilometers. That includes much of Northern Europe at this moment and is projected to include much of the United States over the Christmas holiday, as a huge storm heads southward across the country. The inconveniences are easy to calculate, the economic impact somewhat less so.
Cameron Abadi is a deputy editor at Foreign Policy. Twitter: @CameronAbadi
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