How will climate change impact the water and electric industry?
Their analysis found that the greatest direct climate change impact on the electricity sector in California will likely come from two factors: higher air conditioning loads and decreased hydropower availability. In the water sector, the greatest and most uncertain impact of climate change is on future water supplies.
How does climate change affect industry?
Climate change will have a range of impacts on businesses. Impacts are expected to fall disproportionately on SMEs including disrupting business operations, property damage, disruption to supply chains and infrastructure leading to increased costs of maintenance and materials, and raising prices.
In many areas, increased water temperatures will cause eutrophication and excess algal growth, which will reduce drinking water quality. The quality of drinking water sources may also be compromised by increased sediment or nutrient inputs due to extreme storm events.
Which industries are most affected by climate change?
7 industries at greatest risk from climate change
- Insurance. …
- Agriculture. …
- Energy. …
- Beverage industry. …
- Commercial fishing. Jeff Rotman | Photolibrary | Getty Images.
- Skiing. Sylwia Duda | Getty Images.
- Wineries. BeautifulLotus | iStock / 360 | Getty Images.
- Wall Street. NYSE EuroNext flag hangs outside the NYSE.
How does climate change cause coastal flooding?
The main cause is sea level rise, which in turn increases the magnitude of coastal floods, such that the sea more frequently overtops existing coastal protection or natural barriers.