Climate Change: How much did it cost US economy in 2020? – BBC News

[Music] in my view we've already waited too long to deal with this climate crisis we can't wait any longer do the american people truly appreciate the impact on how much it's going to cost them more to drive their car how much more it's going to cost them to heat their home i think what you're seeing is that climate change is already casting costing us hundreds of billions of dollars a year the house is shaking i can feel the house shake everything that we own over the past 20 years gone [Music] total cost over the last five years from 2016 to 2020 exceeds 600 billion us dollars and that's a record each year that we wait to not invest into mitigation today will cost us another 500 billion per year in the future in higher costs of adapting taxpayers will pay either way and upfront now to help flatten that the curve of climate change impact or much more down the road as we respond to the increasing extreme weather events and the property damage and the health forecasts and other negative consequences caused by a warming bladder you

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