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https://www.wsj.com/science/environment/climate-change-us-economy-c9fbda96

Climate Change’s $150 Billion Hit to the U.S. Economy

Consequences will worsen unless more is invested in clean energy and cities adapt to changing environments, a federal report finds

By

Amrith Ramkumar

Nov. 14, 2023 5:00 am ET

The green-energy transition ready for take off in the U.S. is facing a serious obstacle: the permitting process. WSJ takes you inside the country’s soon-to-be largest wind farm to understand the regulatory gauntlet delaying clean energy for millions. Photo illustration: Getty Images/Amber Bragdon

The U.S. now experiences an extreme weather event in which damages and costs top $1 billion every three weeks.

That compares with every four months in the 1980s, when adjusted for inflation, according to the latest installment of the U.S. National Climate Assessment released Tuesday.

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