Post #3986362

2026-05-07 12:45 UTC

NOW, today: "While the authors examine only a subset of climate-related impacts, the evidence suggests that recent climate change now imposes an average cost between $400 and $900 per household annually depending on attribution assumptions, with the hardest-hit counties exceeding $1,300 per household. A central finding of the paper is that extreme weather events—not incremental warming—account for most household burdens today. " https://climate.mit.edu/posts/who-bears-burden-climate-inaction

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@CelloMomOnCars@mastodon.social 2026-05-26 12:23

"The report’s central argument is that extreme weather is a systemic risk requiring coordinated action across actors, not simply a firm-level hazard to be managed through site-level adaptation. The cost of mitigating risks is much lower than the cost of the risks themselves, the disclosure platform noted: the median cost of risks per company stands at $39.4m, while the cost of mitigating them is $3.1m – nearly 13 times lower." https://www.asiainsurancereview.com/News/View-NewsLetter-Article/id/95598/Type/eDaily/Global-Extreme-weather-risk-set-to-cause-massive-losses #CostOfClimateChange

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