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The Economic Impact of Extreme Heat - Jeongmin Yoon, ESG Intern, Incheon National University.


The event featured a discussion with Jeff Goodell, the author of "The Heat Will Kill You First: Life and Death on a Scorched Planet." The conversation was hosted by Washington Post Live on July 24, 2023, and focused on the alarming rise of extreme heat events across the Northern Hemisphere and their implications for human health, ecosystems, and global climate. Mr. Goodell emphasized that the extreme temperatures witnessed in North America, Asia, and Europe were not entirely surprising, as scientists had long warned about the consequences of increasing global temperatures due to the burning of fossil fuels and the resulting buildup of CO2 in the atmosphere. However, the severity of these heat waves had reached dangerous levels, pushing the limits of human and ecological resilience.

During the discussion, the impacts of extreme heat on human health were highlighted, especially for vulnerable populations such as older adults, pregnant women, and outdoor workers. High temperatures during the day, coupled with extreme night temperatures, led to increased strain on bodies, creating health risks like heart problems and organ stress. Even with access to air conditioning, there were challenges in ensuring everyone had affordable and reliable access, especially in low-income communities and regions without sufficient infrastructure. The conversation delved into the complexities of adapting to extreme heat, acknowledging that while air conditioning can offer some relief, it is not a universal solution. It cannot address the broader implications of rising temperatures on agriculture, marine life, and wildlife, all of which are affected by the warming climate.

However, I would make the following criticisms and have the following concerns. First, there is a lack of government action and regulations to protect vulnerable communities and workers exposed to extreme heat conditions. There is an absence of national standards to safeguard outdoor workers and to require shade and water breaks, prohibited for construction workers in Texas, which exacerbates the risks posed by extreme heat.

Second, awareness and education are limited. The event highlighted the need for better public understanding and awareness of the dangers of extreme heat. Mr. Goodell mentioned how people often underestimate the risks and may not fully comprehend the life-threatening implications of rising temperatures. There could be criticism about the failure of public education campaigns to effectively communicate the severity of heat-related dangers and to communicate ways to protect oneself.

Third are the political and economic obstacles. Criticisms may be directed at political and economic barriers hindering significant reductions in greenhouse gas emissions. The challenges faced by the Biden administration in addressing climate change due to existing laws and regulations, especially in the context of fossil fuel extraction, are severe. There are concerns that political pressures and economic interests are hindering urgent and decisive climate action.

Finally, we need global collaboration. The event highlighted the all-encompassing implications of extreme heat and climate change, emphasizing the importance of international collaboration. Critics argue that more needs to be done to foster cooperation among nations to collectively combat the challenges posed by extreme heat and other climate-related impacts.

It's important to note that these criticisms are not a reflection of the quality of the event itself, but, rather, describes areas of concern and action points that must be addressed to effectively tackle the challenges posed by extreme heat and climate change.

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