Asian Spectator


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Why the Fed should treat climate change's $150B economic toll like other national crises it's helped fight

  • Written by Jennie C. Stephens, Dean’s Professor of Sustainability Science & Policy, Northeastern University

Climate disasters are now costing the United States US$150 billion per year, and the economic harm is rising.

The real estate market has been disrupted, as home insurance rates skyrocket as wildfire and flood risks rise with the warming climate. Food prices have gone up with disruptions in agriculture. Health care costs have increased as heat takes...

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