Open AccessClimate bargains
Author(s) -
Showstack Randy
Publication year - 1997
Publication title -
eos, transactions american geophysical union
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.316
H-Index - 86
eISSN - 2324-9250
pISSN - 0096-3941
DOI - 10.1029/97eo00231
Subject(s) - el niño southern oscillation , agriculture , southern oscillation , agricultural economics , value (mathematics) , climatology , environmental science , economics , geography , meteorology , natural resource economics , mathematics , statistics , geology , archaeology
At an estimated $12.3 million per year, El Niño/Southern Oscillation (ENSO) forecasting techniques may seem costly. However, a new study, “The Value of Improved ENSO Prediction to U.S. Agriculture,” indicates that such long‐term forecasting is a bargain that could offer economic benefits to the U.S. agricultural sector of $240 to $324 million each year.