The devastating economic toll of severe heat waves

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The devastating economic toll of severe heat waves
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Western Europe is reeling from the hottest temperatures on record as a third of the U.S. buckles down for a heat wave of its own.

Heat takes a massive toll on human bodies, exponentially increasing the risk of death from heatstroke or other causes.

"How do you cost years of life lost?" she said, which is incalculable for the families of people who've died. Actuaries and government agencies however put the value of an American life at about $10 million, bringing the economic toll of a heat wave quickly into the billions even before factoring in impacts on health, work output and food systems.

"When it gets very hot, people don't work that much," noted Ebi. However, the impact is different for different classes of workers, she said.

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