Growing Returns

Selected tag(s): global warming

Despite drought, California agriculture is doing well. But there are hidden costs.

Water scarcity has affected California vineyards

Photo credit: Henrik Johansson

According to a new World Bank report, regions around the world could gain or lose up to 6 percent of their GDP by 2050 depending on how they manage for climate-driven water scarcity.

I was curious about how the report’s findings might apply to California, where I live.

Here in the Golden State, water scarcity is a familiar threat. And while the World Bank found that climate-water costs to North American GDP should be minimal, many Californians have suffered acutely from sustained drought.

In some cases, however, it isn’t entirely clear what the impacts of water scarcity have been. Read More »

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