Climate Change Will Pose Rising Burden on U.S. Taxpayer

Such losses, says Ceres, a U.S.-based non-profit organization which promotes environmentally sustainable business practices, are set to rise considerably in the years ahead as a result of climate change, imposing an ever bigger burden on the U.S. taxpayer.

Federal and state disaster relief payouts last year alone are estimated to have cost every person in the U.S. more than $300.

Yet according to a new report by Ceres, Inaction on climate change: the cost to taxpayers, the U.S. administration, its agencies and state bodies are still not facing up to the grave financial implications of a warming world.

Climate Change Will Pose Rising Burden on U.S. Taxpayer