GAO: Climate change already costing US billions in losses
Story Date: 10/24/2017

 

Source: Michael Biesecker, WINSTON-SALEM JOURNAL, 10/23/17


A non-partisan federal watchdog says climate change is already costing U.S. taxpayers billions of dollars each year, with those costs expected to rise as devastating storms, floods, wildfires and droughts become more frequent in the coming decades.
A Government Accountability Office report released Monday said the federal government has spent more than $350 billion over the last decade on disaster assistance programs and losses from flood and crop insurance.

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