Overview
Climate change is a serious and growing threat to the U.S. economy, and North Carolina is no exception. Climate-related disasters inflicted nearly $150 billion in damage to the national economy last year, including up to $1 billion in damage in North Carolina alone. And those figures are just one piece of the puzzle, with rising insurance rates, increasing food costs from flooding and drought, hampered military preparedness, and much more costing North Carolina’s businesses, military, and households.
The good news is that we don’t need to resign ourselves to these rising costs. With the right actions from Congress and North Carolina’s leadership, we can blunt the cost of climate change while simultaneously creating jobs, driving additional economic growth, and improving the resiliency and readiness of our military.