Fires, floods, and hurricanes are already costing the federal government tens of billions of dollars a year and climate change will drive those costs ever higher in coming years, a new federal study warns.
This is what a Government Accountability Office report says.
Much of that went to disaster recovery and insurance losses after extreme weather according to the New York Times.
But the future looks worse: along with more of the same and reduced crop yields costing up to $53 billion, rising temperatures could also put a $150 billion dent in productivity by 2099 (a phenomenon we’ve reported before).
The hope: that Trump takes economic arguments seriously. The reality? Let’s see.