Experts say climate change running up economic costs by the billions – By Doug Cunningham (UPI) / Aug 4, 2022
Aug. 4 (UPI) — A Senate committee heard testimony on Thursday about the rising economic costs of climate change as the chamber will soon vote on a Democratic bill that invests billions in various efforts to limit greenhouse gases.
The panel heard from several witnesses and experts on global warming who underscored the importance of mitigating climate change from an economic standpoint.
“Climate change is here. The country knows it,” Senate banking committee Chair Sen. Sherrod Brown said in his opening comments.
“The likely impact of climate change could cost people in my state $6 billion a year.”