Climate Change’s Economic Consequences: A Federal Report’s Warnings

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The U.S. economy is increasingly bearing the brunt of climate change, with the U.S. National Climate Assessment revealing a staggering annual cost of nearly $150 billion due to extreme weather events. This marks a significant escalation from the 1980s, signaling an alarming trend of frequent and costly climate-related disruptions. These events are not just natural disasters but economic ones, impacting everything from insurance premiums to federal and state budgets.

Sector-Specific Impacts

The economic repercussions of climate change are widespread, affecting diverse sectors. In the Northwest, ski resorts are facing uncertain futures due to erratic snowfall patterns. Midwestern farmers grapple with

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