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Who's Paying the Price for Global Warming?

2013-05-19 17:08:00| Climate Ark Climate Change & Global Warming Newsfeed

Scientific American: Climate change is already melting the Arctic, queering weather and threatening food supplies. So who's paying the price for all these global warming impacts? It might seem like insurers are most at risk. Indeed, insurers did pay out some $33 billion in climate-related damages last year in the U.S. alone. But it turns out that bearing the brunt of climate change costs is you, the taxpayer. A new analysis by the Natural Resources Defense Council, the NRDC, finds that the federal government spent...

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