Climate change poses major cost risks to manufacturing, study finds

By the Huffington Post

Dec 07, 2017

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One extra day of temperatures above 90 degrees Fahrenheit costs the average Chinese manufacturing plant roughly $10,000 in 2017 dollars in lost output, according to research released last month. The study, published in the peer-reviewed Journal of Environmental Economics and Management, tracked temperatures and daily churn at half a million Chinese plants from 1998 to 2007.

In one particularly striking result, the researchers found that high-tech manufacturers ― those producing medical supplies, aerospace equipment and computer parts ― are just as sensitive to extreme temperature as low-tech sectors, such as apparel and textiles.

Read the full story at huffingtonpost.com.

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