The federal government released the second volume of the National Climate Assessment, or NCA, on Friday. The federal report issued dire warnings, including from “ice sheet disintegration on accelerated sea level rise, leading to widespread effects on coastal development lasting thousands of years.”
The report also claims that “global greenhouse gas emissions is expected to cause substantial net damage to the U.S. economy throughout this century,” including a 10 percent hit to the nation’s gross domestic product in one extreme scenario.
However, NCA’s dire prediction of a 10 percent hit to the GDP comes from a 2017 study supported by the charitable foundations founded by major Democratic donors. The study was also funded by other organizations, including the National Science Foundation, the U.S. Department of Energy, and the Skoll Global Threats Fund.
That 2017 study, published in the journal Science, was funded in part by Bloomberg Philanthropies and Next Generation, which were founded by former New York City Mayor Michael Bloomberg and San Francisco billionaire Tom Steyer, respectively.