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Report: Climate Change Disruptions Costing Indiana Manufacturers Millions

Posted On June 05, 2014

By Mary Kuhlman

A new report finds Indiana manufacturers have more to lose from disruptions caused by climate change than the costs associated with proposed EPA carbon standards.  Photo credit: Taneli Rajala/wikimedia commons.

A new report finds Indiana manufacturers have more to lose from disruptions caused by climate change than the costs associated with proposed EPA carbon standards.
Photo credit: Taneli Rajala/wikimedia commons.

(Indianapolis, Ind.) – A new report finds Indiana manufacturers have more to lose from disruptions caused by climate change than the costs associated with new Environmental Protection Agency carbon standards.

It’s estimated the proposed standards will raise electricity prices by 6 percent, and that increase will impact manufacturers.

But the Business Forward Foundation crunched the numbers for the auto industry, measuring the cost of the standards against the cost of the problem the standards are trying to address.

Report author Jim Doyle says severe weather spurred by climate change is having a massive impact on manufacturing.

“Severe weather has closed bridges, flooded factories, warped train tracks, threatened ports, and slowed shipping,” he explains. “Auto plants are losing days of production to severe weather, some are losing weeks. And by comparison the cost of these standards is minute.”

According to the report, the increase in electricity rates will cost manufacturers just $7 more per vehicle produced.

But Doyle says because the auto industry operates a very sophisticated and global supply chain, a plant loses more than $1.25 million for each hour lost when severe weather forces a shut down.

Doyle says with 516,000 automotive jobs in Indiana, the implications of inaction on carbon pollution are enormous.

“There are 430 major suppliers across the state, 3,000 different dealerships,” he says. “Chrysler, Ford, GM, and Toyota each have major facilities, and every one of those suppliers and every one of those major automakers, depends on the supply chain we’ve been talking about.”

David Foster, executive director of the Blue Green Alliance, says as the nation transitions to cleaner energy, there are lessons already learned from when the U.S. instituted new fuel economy rules.

He maintains those standards revived the collapsed auto industry.

“A million jobs as a result of embracing higher environmental standards and innovation as the driver of the 21st century economy,” he states. “We need to do for the energy sector exactly what we did for the automotive sector.”

Foster adds that disruptions caused by climate change threaten other industries as well, resulting in lost business opportunities, jobs, income for workers and revenue for communities.

4 comments
Barnrat1
Barnrat1

This is the cycle of the Earth. Can you tree huggers please explain the Ice Age? The Earth goes through warming and freezing, and the polar ice caps aren't going to melt and flood the world unless you believe everything you hear. The EPA and our government our out to control EVERYTHING we do, say, and think. Let them turn everything back to natural gas so the cost of that will sky rocket. AGAIN. I was paying $15/linear foot 17 yrs for natural until they went back to coal in my area. Clean burning coal. Now I'm paying about $3-4/linear foot for nat. gas. And if we were in such a global warming crisis, why haven't they stopped the mass production of things such as cars that emit pollution, plants that's mass produce emitting pollution, etc. Because is BS. It's a get rich, scare the stupid Americans tactic. And guess what? People are falling for it, like it or not. Wake up America! And FYI, my electric bill is slated to go up 32% this year thanks this garbage and converting. That's not including my natural gas.

And yes, we drive full size pick ups. Two diesels, one gas!! It's called freedom!

FastEd1
FastEd1

OH WOW A Whole 6% Over 15 Years Increase!!!
My Bill Went Up 13% In The last 2 Years This Ain't Nothing Compared To That!!!
I Don't Mind Paying More If it Means The Air Is Cleaner...
I Do Mind If I Pay More Because Of The Greedy Wanting More And More In Profits!!!
If They Want Tax Breaks Let Them Spend Money On Solar And Wind Power For The Tax Breaks...

jprpage5
jprpage5

CLIMate CHANGE  --- ????? DUH

Back when people had even a Little Common Sense --- we called this "WEATHER"

Good Weather - Bad Weather - Wet Weather - Dry Weather - Cold Weather - Warm Weather------

and we didn't need to pay Millions of Inflated Paper Money designed by Al BORE'S Political Ding Bats to get the weather here.

smartjw
smartjw

The polar ice caps are melting because of climate change. Ocean temps are rising. This has nothin to do with "weather".  Climate and weather are not the same.