A report has revealed the shocking cost of the climate crisis on the U.S. each year, showing how low-income communities and people of color have to live in fear.

A Pervasive Threat

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A government report revealed that climate change is wreaking havoc across the United States, posing severe threats to lives, livelihoods, and the environment. 

Renewable Energy Transformation

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Renewable energy emerged as a beacon of progress, significantly reducing emissions from the electricity grid, but the cost of climate change is still dire. 

Huge Cost of Climate Disasters Revealed

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The report suggested that climate-induced disasters cost the country around $150 billion a year, however, there’s a saving grace.

Solar Energy Costs Plummet

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In contrast, the plummeting cost of solar energy and increased reliance on green technologies showcased a shift towards sustainable practices.

Moving Away From Fossil Fuels

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Congress’s approval of extensive spending on weather resilience for towns and coastal areas showcases their new commitment to weathering climate change and moving away from fossil fuel reliance.

Hope Amid Challenges

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Director of the White House Office of Science and Technology Policy, said, “All of these actions taken together give us hope because they tell us that we can do big things at the scale that’s required,” but still admitted, “much more work is needed.”

Visible Climate Risks

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Increasingly visible risks from climate change include intensified hurricanes, droughts, wildfires, and floods across the nation. 

From Maui to Vermont, We Must Act

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Recent calamities, from wildfires in Maui to floods in Vermont, underscore the urgent need for comprehensive climate strategies.

Record-Breaking Heat and Disasters

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The year 2023 is poised to become the hottest on record, with consecutive months of record-breaking temperatures. 

Increase in Disasters on the Horizon

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The report outlined a surge in extreme weather disasters, with hurricanes and wildfires causing unprecedented damages, reflecting the accelerating impact of climate change.

Historical Disasters and Costs

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The report highlights the escalating frequency and intensity of extreme weather events, surpassing the average number of billion-dollar disasters in recent years. 

Communities of Color Affected

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The assessment showed the disproportionate impact of climate change on low-income communities and communities of color. 

Low Income Communities Bear the Brunt

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Inadequate access to resources, flood infrastructure, and safe housing leave vulnerable populations at heightened risk.

Social Inequities and Climate Effects

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Katharine Hayhoe, an author of the report, said that climate solutions must align with principles of justice and equity, “We know that these impacts exacerbate social inequities, including racial and gender-based disparities,” she said.

Facing Climate-Induced Health Issues

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Climate-related disasters, including wildfires and hurricanes, contribute to health challenges, especially after COVID, as essential workers, farmworkers, and marginalized communities faced worsened health conditions.

Ecosystem Collapse Threats

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The report also said that ecosystems face imminent collapse as global warming accelerates. Coral reefs disappear, sea-level rise endangers coastal areas, and mass fish die-offs become a looming concern.

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The post U.S. Grapples with $150 Billion Annual Climate Crisis Toll, Disproportionately Impacting Low-Income Communities and People of Color first appeared on Thrifty Guardian.

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