It seems almost unnecessary to say that left unchecked the effects of climate change will be impossibly expensive. However, as we leave 2017 behind and begin 2018, it’s worth looking back on the past year to make an attempt at tallying up the damage done in just one year alone. A recent article in The Week summed it up very well:
“NOAA’s National Centers for Environmental Information estimates that 2017 was America’s most expensive year for climate disasters of all time, with 16 disasters costing over $1 billion (more than three times the 1980-2017 average, after accounting for inflation) and a total cost of over $300 billion. That’s about 1.5 percent of total GDP — or enough to pay for a $300 per month child allowance for every parent in America, with some left over.”
Read the full article from Ryan Cooper over at The Week Unchecked Climate Change Is Going To Be Stupendously Expensive
