There is a lingering perception that investing in technologies, initiatives and processeses aimed at countering climate change is just another drain on already troubled U.S. taxpayers. But what about the cost of inaction?
According to a new report by Ceres, extreme weather events cost the United States $100 billion in 2012, most of which went towards federal crop, flood, wildfire and disaster relief. While naysayers continue to claim weather events like Hurricane Sandy and climate change are unrelated, scientists agree that climate change exacerbates extreme weather events. The intensity and frequency of these events will only increase as the planet warms up.