silence7@slrpnk.net to News@lemmy.worldEnglish · 6 days agoUS Spending on Climate Damage Nears $1 Trillion Per Year | The bill for impacts from rising temperatures exceeded 3% of US GDP, according to a new analysis by Bloomberg Intelligence.www.bloomberg.comexternal-linkmessage-square5linkfedilinkarrow-up18arrow-down10cross-posted to: climate@slrpnk.net
arrow-up18arrow-down1external-linkUS Spending on Climate Damage Nears $1 Trillion Per Year | The bill for impacts from rising temperatures exceeded 3% of US GDP, according to a new analysis by Bloomberg Intelligence.www.bloomberg.comsilence7@slrpnk.net to News@lemmy.worldEnglish · 6 days agomessage-square5linkfedilinkcross-posted to: climate@slrpnk.net
minus-squaremanxu@piefed.sociallinkfedilinkEnglisharrow-up3·6 days agoAnd this is just the beginning. Mitigating climate change consequences is going to be one heck of an expense category from now on.
minus-squareevenglow@lemmy.worldlinkfedilinkarrow-up1·6 days agoYup. At some point when people go to rebuild again there isn’t going to be insurance money. When people go to sell their house there won’t be buyers. Just another slow moving crisis that “no one could have predicted”. Then there’s just the heat and AC bills.
And this is just the beginning. Mitigating climate change consequences is going to be one heck of an expense category from now on.
Yup. At some point when people go to rebuild again there isn’t going to be insurance money. When people go to sell their house there won’t be buyers.
Just another slow moving crisis that “no one could have predicted”.
Then there’s just the heat and AC bills.