Bear-Market Biodiversity

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450px-Medved_mzoo.jpg Think Wall Street’s rollercoaster ride is scary? Imagine if stocks were species. That’s what the future looks like in a warming world: a monster bear market robbing the world of its real riches.

A new review published in Science addresses the question of whether the tropical forests and coral reefs of the tropics will have the most to lose as a result of global warming. Some say no: that tropical organisms will do well because their ranges will expand into temperate areas. Others says yes: because there’s little or no wilderness left in the temperate zone for them to move into.

Now a review of published papers finds that for plants and insects on a mountain slope in Costa Rica, a 3.2-degree C increase in temperature threatens 53 percent of lowland species with extinction, while 51 percent face range-shift gaps—meaning they have nowhere else to go.

Another reviewed study follows historical range changes for small mammals during 100 years of climate change in Yosemite National Park. These data show that species’ ranges are likely to contract dangerously as warming pushes life farther and farther up mountain slopes. . . Bottom line: biodiversity is Earth’s credit line. Without it, there’s absolutely no way to fund the future. Time to reassess our fatally flawed economics .

Julia Whitty is Mother Jones’ environmental correspondent, lecturer, and 2008 winner of the Kiriyama Prize and the John Burroughs Medal Award.

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THE BIG PICTURE

You expect the big picture, and it's our job at Mother Jones to give it to you. And right now, so many of the troubles we face are the making not of a virus, but of the quest for profit, political or economic (and not just from the man in the White House who could have offered leadership and comfort but instead gave us bleach).

In "News Is Just Like Waste Management," we unpack what the coronavirus crisis has meant for journalism, including Mother Jones’, and how we can rise to the challenge. If you're able to, this is a critical moment to support our nonprofit journalism with a donation: We've scoured our budget and made the cuts we can without impairing our mission, and we hope to raise $400,000 from our community of online readers to help keep our big reporting projects going because this extraordinary pandemic-plus-election year is no time to pull back.

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