Compiled by the University of Oregon's Climate Leadership Initiative's Program on Climate Economics by ECONorthwest and guided by a steering committee of 19 academic and private economists from the Pacific Northwest and other west coast states, the report, based on an earlier 2006 report said that "under a 'business-as-usual' approach to climate change" the cost of environmental, economic and health costs to the region "would jump four-fold to $12.9 billion by 2080."