Paper 6. consequences of climate change for the mink economy: impacts and responses

The impacts of climate change on the agricultural, energy, forestry, and water sectors of MINK would reverberate negatively throughout the regional economy. Allowing for sectoral adjustments to the new climate, however, the decline in regional income and production would not likely exceed 1–2%. The largest economy-wide impacts would be by way of the agricultural and water sectors. The impacts by way of forestry and energy would be negligible, unless the nation adopts a program of massive reforestation to capture CO₂, which would positively affect the regional economy.