Too hot? The robots aren’t complaining (Politico)

Politico published an article on how high temperatures can hurt the economy. In addition to the health costs, fires, and stress on crops, heat makes workers less productive. One study found that factory employees in India were less likely to show up for work when it’s unusually hot. The big takeaway: Output falls by more than 2 percent for every 1-degree Celsius increase in annual temperature. For anything to work, the price of carbon needs to go up. There’s a growing sense that the federal government will have to buy agricultural carbon credits itself to boost the market. Senior research fellow, Joseph Glauber said, “It would be so much easier if carbon was regulated. If there was a price for carbon, all of these programs would take care of themselves.”