In 2015, the Risky Business Project, a private, independent initiative studying climate change’s economic risk, forecast that by the end of the century, Illinois could see total annual crop yield losses of 77.2% versus 2012 if action isn’t taken on climate change…

…There is a sense from some farmers that companies like Monsanto and Cargill will help out with new seeds, that there will be some technology that will decrease the worst impacts, says Amir Jina, an assistant professor at the University of Chicago’s Harris School of Public Policy.

“The farmers are smart. It’s their business, Jina says. “They’re not going to sit and watch their incomes dwindle. So they seem to be starting to make changes and react to things.” We just have to worry about a time when changes are too large for people to react to with small adjustments, Jina says…”

Continue reading at Crain’s Chicago Business…

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Areas of Focus: Climate Change
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Climate Change
Climate change is an urgent global challenge. EPIC research is helping to assess its impacts, quantify its costs, and identify an efficient set of policies to reduce emissions and adapt...
Climate Science
Definition
Climate Science
EPIC’s interdisciplinary team of researchers is contributing to a cross-cutting body of knowledge on the scientific causes of climate change and its social consequences.