Costs expected to mount as temperatures rise
By Summit Voice
SUMMIT COUNTY — A new report on the economic costs of global warming to the ski industry will resonate especially loudly during Colorado’s second consecutive early season snow drought.
With the state’s major ski resorts struggling to open just minimal amounts of terrain in time for the busy Christmas holiday season, two University of New Hampshire researchers estimate that the $12.2 billion industry has already suffered a $1 billion loss and dropped up to 27,000 jobs due to diminished snow fall patterns and the resulting changes in the outdoor habits of Americans.
More than 23 million people participated in winter sports during the winter 0f 2009-2010. Snow-related economic activity resulted in $1.4 billion in state and local taxes and $1.7 billion in federal taxes.
The economic study was prepared for the nonprofit groups Protect Our Winters and the Natural Resources Defense Council. The two organizations have partnered the past few years to raise awareness of climate-change impacts to snow-dependent mountain communities and snow sports industries. (more…)
Filed under: business, climate and weather, Colorado, economy, global warming, ski industry, Ski Resorts | Tagged: climate change, economic impacts, global warming, ski industry, snow, winter | 5 Comments »