Friday, October 17, 2025

Outsized climate cost

If you wanted to know how climate change is costing us .....

This graphic comes from a report by the Insurance Council of Australia.  It shows the average annual per capita cost, adjusted for inflation, of climate disasters in 6 developed countries.

Over the last 40 years, the cost per person has risen in Australia from $60 to $193, in the US from $56 to $451. 

And it's nowhere near over.  Even if emissions have peaked, temperatures won't stop rising until emissions have fallen by ~90%.  In the meantime, the cost of climate catastrophes will continue to grow exponentially.











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