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Category: ECO_COSTS_MN Heat_MN PATA_Heat_And_Ramifications_2022_Related

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Rising Heat Is Making It Harder to Work in the U.S., and the Costs to the Economy Will Soar With Climate Change

By Ciara Nugent

Rising extreme heat will make it increasingly hard for workers to do their jobs, shaving hundreds of billions of dollars off the U.S. economy each year. That’s according to a report published Tuesday by the Atlantic Council’s Adrienne Arsht-Rockefeller Foundation Resilience Center, a Washington D.C.-based think tank focused on climate adaptation. It’s a stark warning about the costs of failing to act on climate change.

08/31/21
                                                               

‘Climate change is going to cost us’: How the US military is preparing for harsher environments

By Andrew Eversden

The aftermath of Hurricane Florence dumping 36 inches of rain on North Carolina in 2018 saw three Marine Corps installations flooded, costing taxpayers $3.6 billion in damage. A few weeks later, Hurricane Michael ripped through Tyndall Air Force Base, causing about $4.7 billion in damage at the Florida facility. Then last year, leaders evacuated Travis Air Force Base in northern California due to nearby raging wildfires.

08/09/21
                                                               

The cost of cooling: how air conditioning is heating up the world

By Aliya Uteuova Photo: Yonhap , EPA

The widespread reliance on air conditioning in the US is explored in Eric Dean Wilson’s book After Cooling: on Freon, Global Warming, and the Terrible Cost of Comfort. The book explores how air conditioning has become one of the most effective ways to cool off – and explains how harmful chemicals that make our lives comfortable also contribute to the climate crisis.

07/25/21
                                                               

The total health and climate consequences of the American food system cost three times as much as the food itself

By Laura Reiley Photo: Daniel Acker/Bloomberg

The true cost of food is even higher than you think, a new report out Thursday says. The United States spends $1.1 trillion a year on food. But when the impacts of the food system on different parts of our society — including rising health care costs, climate change and biodiversity loss — are factored in, the bill is around three times that, according to a report by the Rockefeller Foundation, a private charity that funds medical and agricultural research.

07/16/21
                                                               

2020 Disaster Estimations Reveal at Least $3.6 Billion in Uncovered Losses

Hurricanes, wildfires, and droughts – oh my! Not only was 2020 defined by COVID-19-induced volatility, over 22 weather and climate disasters, each with damages reaching over a billion dollars, hit the U.S. coast to coast last year. The National Oceanic and Atmospheric Administration (NOAA) reported that 2020 shattered a previous annual record of 16 individual billion dollar weather events which occurred in both 2011 and 2017. With over 262 lives lost and more than $96.4 billion in total economic damages, these disasters will haunt impacted communities for years to come.

07/08/21
                                                               
WSJ

Oil Companies Are Ordered to Help Cover $7.2 Billion Cleanup Bill in Gulf of Mexico

By Christopher M. Matthews

Some of the world’s largest oil companies have been ordered to pay part of a $7.2 billion tab to retire hundreds of aging wells in the Gulf of Mexico that they used to own, capping a case that legal experts say is a harbinger of future battles over cleanup costs.

07/06/21
                                                               
WSJ

Far From Texas, Huge Gas Bills Stoke Anger After February Freeze

By Christopher M. Matthews

An angry backlash is building across the middle of the U.S. as states step in to help their constituents pay billions of dollars in natural-gas bills racked up during February’s freeze. While most escaped the blackouts that occurred in Texas, states from Minnesota to Kansas are having to help local utilities, businesses and homeowners cover February bills after natural-gas prices surged from around $2 per million British thermal units to as much as $1,200 in parts of the country.

06/27/21
                                                               

Climate change alone cost Houston $13 billion during Harvey, study says

By Fernando Ramirez

It’s widely known that Hurricane Harvey, one of the costliest storms in U.S. history, was supercharged by climate change. At least three separate studies have tried to quantify to what degree. In 2017, one research group led by Berkeley National Laboratory climate scientist Michael Wehner estimated that rainfall totals were 38 percent higher than expected because of human-induced climate change.

06/18/21
                                                               

Air Pollution and Climate Change Cost the Average American $2500 Per Year

By Aubrey Patti

A report from the National Resources Defense Council (NRDC) shows that air pollution and climate change cost each American an average of $2,500 per year in health care. The researchers used data from dozens of published scientific papers.

06/17/21
                                                               

Here’s How You’re Already Paying for Climate Change

By Emma Kerr Photo: Getty Images

States in the Midwest and Northeast set record temperature highs on Monday as an extreme heat wave moved across the country from drought-ridden areas in the West, while at the other end of the spectrum, states in the South faced downpours and flash flooding.

06/10/21