A major report by the Trump administration shows that climate change is already affecting the United States and could cost the country “hundreds of billions of dollars” annually by 2050.
Deadly wildfires, increasingly debilitating hurricanes and heat waves are among the destructive effects of climate change on the US, says the report released by the federal government on Friday.
“By the middle of this century, annual losses in the United States due to climate change could reach hundreds of billions of dollars,” according to the latest edition of the National Climate Assessment.
“Without substantial and sustained global mitigation and regional adaptation efforts, climate change is expected to cause growing losses to American infrastructure and property and impede the rate of economic growth over this century,” it adds.
Compiled by more than 300 scientists, the report also shows that the impacts of climate change overseas will…