Climate Change is Killing Our Economy.

It wasn’t built to handle this. We can’t afford to delay any longer.

Get the latest numbers on how much climate disasters are costing American businesses, workers, and your state’s economy across the U.S.

  • 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)

Climate Action Powers our Economy

A cleaner economy creates jobs, helps consumers and drives growth and American competitiveness.

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Press Releases - Our Latest Press Releases


Releases

REPORT: Record-Breaking Losses, Extreme Weather Trends Threaten Economies In Red And Blue States Alike

Analysis identifies historic and future trends by disaster type and region, down to the state, county, and congressional district Economic costs of climate change are growing alongside economic opportunities for action WASHINGTON, DC – As...


Federal

Releases

REPORT: Midwest Clean Energy Jobs Grew 5% in 2021, Now Home to 714,323 Workers

Midwest’s clean energy economy positioned for even greater growth with Inflation Reduction Act investments Chicago, IL – Clean energy businesses in the Midwest added more than 36,400 workers in 2021, now employing 714,323 Midwesterners across the region. T...


Midwest

Releases

E2: New California Rule on Clean Vehicles Smart for the Economy

The California Air Resources Board (CARB) is expected to adopt the Advanced Clean Cars II (ACII) regulation, which requires all new cars and trucks sold in California to be zero-emission vehicles beginning in 2035. The rule builds on California’s legacy of ...

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