Up to $ 2.5 trillion of the $ 4 trillion in real estate properties – houses and other buildings – data at risk from rising sea levels, wild fires and other extreme weather events occurring as the world gets warmer, according to a report from the University of California, Berkeley agricultural And economic resources, Professor David Roland-Holst and Fred Rich Kahrl.

The 127-page report was sponsored by the following non-profit foundation that 10 studies of the intersection of California and the future economy and environment.

Believed to be the first time in the academic institution has tried to put a price on the potential damage to the climate in California between now and 2100. Roland-Holst characterized as Golden State’s 2006 version of “Stern Review on the economics of climate change,” to see the consequences of global warming on the world economy and so most clearly the type of research.

In an interview, Roland-Holst said that despite the overwhelming numbers, he did not want his research appeared as a doomsday report.

“This is not a small chicken. This is a call up as a result,” he said. “Estimates are currently a lot of uncertainty there, but we have to take it seriously.”

Roland-Holst Kahrl offered predictions about the consequences of global warming on the seven-INDUSTRIES sectors of California.

# Energy: $ 21 billion in assets at risk, with annual damage at $ 2.7 billion to $ 6.3 billion. Potential impacts will include small hydropower because of less rainfall, more hot days, which requires increased use of air conditioning, and winter storms caused several power outages.

# Transportation: $ 500 billion in danger of ports, air fields, roads and bridges.

# Travel & Leisure: $ 98 billion in assets at risk, with annual damage starting at $ 200 million to $ 7.5 billion. “The highest warming scenario, the California ski industry collapse,” said Roland-Holst. Beaches, golf courses and state and national parks, will be affected also. And in a few days when golf can hit the links can actually increase because of global warming, the warmer days would be to burn the golf course.

# Real estate and insurance: $ 2.5 billion in assets at risk, and water damage could cost $ 1.4 billion a year, while fire can cause damage to the $ 2.5 billion in damages.

# Agriculture, forestry and fisheries: $ 113 billion in assets at risk, with annual damage starting at $ 300 million to $ 4.3 billion.

# Public Health: Annual costs due to changes in atmospheric range from $ 3.8 billion to $ 24 billion a year.

“Our estimates show that the climate risk – damage, if no action is taken – will include tens of billions of dollars a year in direct costs, indirect costs even higher, and expose trillions of dollars in assets collateral risk,” he wrote investigator on Abstract.

“This is the most expensive that we can do about climate change is not something,” said Roland-Holst. “We can ignore the change is already happening, or we can make the threat of climate damaging energetic a chance to change, renewal and growth.”

The investigator described California’s landmark climate change legislation, AB 32, as “a positive … but only the beginning.” AB 32 implementation plan faces final approval by the state Air Resource Board in December. He noted that about 32 AB is a relief, or reduce the risk of climate change. His research was a call for an adjustment, he said, or to limit the damage caused by climate change.

The investigator’s recommendations more efficient allocation of water in the country, more promotion of renewable technologies, more investment in the country’s natural and scores of entertainment and research on climate change on human health, especially when it comes to the elderly and low-income residents.

Something on the scale of the New Deal during the Great Depression, the Marshall Plan after the devastation of Europe during World War II or the conquest of space will be required to make climate change, researchers said.

“We will not wait until the Bay Bridge to fall to build a new,” said Roland-Holst. “It was in response to a perceived risk. We know earthquakes come, and the cost of early action far less than action later.”

Climate change is not impressive as Earth asteroid, he said, but much more as a threat that can be avoided by immediately begin to manage supertanker in a different direction.