Climate Change is Killing Our Economy.
It wasn’t built to handle this. We can’t afford to delay any longer.
View the Clean Jobs America 2021 Report
- Climate-related weather disasters cost our economy more than $145 billion in 2021 – a nearly 50% increase from last year (NOAA; link)
- Weather disasters have cost America $750 billion in the last five years. (NOAA; link)
- By 2050, 10% of U.S. GDP could be wiped out by climate disasters every year. (Swiss Re; link)
- Rising temperatures and extreme heat are projected to decrease worker productivity by $221 billion a year by 2090. (NCA; link)
- By the end of the century, climate-related weather disasters are projected to cost the U.S. $500 billion every year – almost double the economic blow America suffered during the Great Recession. (NCA; link)
Climate Change is Driving up Costs for Americans.
The trends are clear. The time to act is now.
- More than 40% of Americans live in counties directly impacted by climate disasters in 2021. (Washington Post; link)
- Average U.S. homeowners insurance premiums have risen more than 40 percent since 2009. (Bankratemonitor; link)
- Wildfire suppression cost taxpayers $2.3 billion in 2021 alone – up nearly 200 percent from a decade earlier. (NIFC: link)
- Climate-related disasters were some of the biggest inflationary forces in 2021, driving up prices for corn, soybeans, lumber and other commodities to multi-year highs. (Wall Street Journal; link)
- 97% of businesses say they have been negatively impacted by climate change. 75% of Americans say climate change is an economic threat. (Deloitte; link | Data for Progress; link)