US weather and climate disasters could top $1 trillion by 2030
From tornadoes and hurricanes to wildfires and floods, weather and climate disasters cause billions of dollars in damage, on top of their steep human toll. Those costs could rise sharply in the years ahead, according to a new study led by University of Chicago Asst. Prof. B. B. Cael—potentially amounting to more than $1 trillion in damages between 2026 and 2030 in the United States alone.
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