The climate emergency is significantly increasing costs for California households in the form of rising utility bills, lost wages and growing healthcare expenses, worsening the state’s affordability crisis, according to a sweeping new report.
The average American born in 2024 will likely face up to $500,000 in additional lifetime costs from climate crisis, and those who experience more severe effects will see up to $1m in costs, the Costs of Climate Change: Financial and Economic Impacts on California report states.
