Uploaded June 2025 | Updated September 2026, 2 weeks ago
Paying the Piper. U.S. Cost From Climate Change is ONE TRILLION Dollars Per Year, and RISING…
The title says it all. This cannot be buried under the rug. Climate change is a clear and present danger to all of us on Earth.
Please donate to PaulBeckwith.net to support my research and videos connecting the dots on abrupt climate system mayhem.
News article:
The $1 Trillion Climate Problem Republicans Are Ignoring
While the GOP was freaking out about the cost of Trump’s tax bill, the cost of climate damage hit an unbelievable high.
newrepublic.com/article/196978/1-trillion-climate-problem-republicans-prefer-ignore?fbclid=IwQ0xDSwLA-uRleHRuA2FlbQIxMQABHmFOaTxYSjEIVVHa_vL1OMcnLTa4AAtIT6riD5T-bLzHqBdXUrXCgTBNA8Ba_aem_YH130GOe6aS8CesvMhmwyg
Bloomberg News:
The Climate Economy: 2025 Outlook
Climate costs are now a defining force in economic planning and investment strategy. This report unpacks how $18.5 trillion in disaster-related spending is influencing financial markets, corporate performance, and policy choices.
bloomberg.com/professional/explore/the-climate-economy-2025-outlook
News article:
State of Home Insurance: 2025
"Key findings
Home insurance rates climbed 40.4% cumulatively across the U.S. over six years. From 2019 through 2021, rates stayed relatively level, with 2021 seeing the biggest jump at 3.0%. Rates have since risen faster, with increases of 5.4%, 11.0% and 11.4% in 2022, 2023 and 2024, respectively. That’s a concerning trend for homeowners.
In those same six years, home insurance rates rose the most in Colorado. Home insurance rates jumped by 76.6% cumulatively in Colorado from 2019 through 2024. Nebraska (72.3%) and Utah (70.6%) followed. The smallest cumulative increases were in Vermont (12.2%), Alaska (12.9%) and Maine (17.9%).
Home insurance rates jumped 11.4% last year. The states with the biggest increases in 2024 were Montana and Nebraska, both at 22.1%. Minnesota and Washington followed at 19.5%. No state saw a decrease in its home insurance rates in 2024.
The average annual cost of home insurance across the U.S. is $2,801. Two states have an average rate more than double the U.S. average: Oklahoma ($6,133) and Nebraska ($5,912). The lowest average rate is $632 in Hawaii — the only state under four figures. California ($1,260) and Vermont ($1,339) are the next closest."
lendingtree.com/insurance/state-of-home-insurance
NOAA (National Oceanic and Atmospheric Administration) subgroup National Centers for Environmental Information (NCEI) webpage on Billion Dollar Weather and Climate Disasters
ncei.noaa.gov/access/billions/state-summary/NE
Note: this site is being discontinued
Bloomberg Intelligence report: 52 page report published June 16, 2025
The Climate Economy 2025 Outlook
$18.5 Trillion Disaster Spending
Adds Alpha Across Industries
Climate-related disasters have driven $18.5 trillion in global spending so far this
century, spurring a significant wealth transfer across companies and industries. In the
US, the costs are approaching $1 trillion a year, lifting revenue for companies focused
on repair (Waste Management, Fastenal and Quanta Services) and resilience (Dycom
Industries, Martin Marietta, Stantec and Jacobs Engineering). Low-emission leaders in
steel (Steel Dynamics), cement (Heidelberg Materials), oil and gas (EQT) and AI power
growth (Schneider Electric) may keep riding recent tailwinds, while US municipal
bonds, REITs and private-asset owners could be challenged.
• Climate Costs Are Rising: US climate-related costs reached a record $955 billion
over the 12 months through April and account for 36% ($7.7 trillion) of US GDP
growth this century, crowding out spending in other sectors.
• Repair, Prepare and Low-Impact Firms Well-Placed: Picking up after the last
storm and preparing for the next one could boost sales of companies such as Aon,
Home Depot and Assured Guaranty. Companies focused on CO2-efficient
production in the oil and gas, power, airlines and materials sectors have bested
higher-emitting peers.
• Climate Recovery Costs to Detract From Consumer Discretionary: The rising
costs of disaster recovery and home insurance premiums, which have doubled
since 2017, are crowding out consumer discretionary spending elsewhere in the
economy and putting pressure on local governments to prioritize disaster repair
over other infrastructure projects.
Featured in This Report: Bloomberg Intelligence analysis leverages an extensive suite
of data, including our proprietary Climate Damages Tracker (following monthly costs
in 50 countries), Global Emissions Intensity Tracker (500 firms across six industries), BI
Carbon forecasts, Bloomberg’s ESG scores and Industry-level alpha analysis.
Article link:
assets.bbhub.io/promo/sites/16/ClimateEconomyDeepDiveFINAL_PRINT.pdf
Please donate to PaulBeckwith.net to support my research and videos connecting the dots on abrupt climate system mayhem.
Paying the Piper. U.S. Cost From Climate Change is ONE TRILLION Dollars Per Year, and RISING…
The title says it all. This cannot be buried under the rug. Climate change is a clear and present danger to all of us on Earth.
Please donate to PaulBeckwith.net to support my research and videos connecting the dots on abrupt climate system mayhem.
News article:
The $1 Trillion Climate Problem Republicans Are Ignoring
While the GOP was freaking out about the cost of Trump’s tax bill, the cost of climate damage hit an unbelievable high.
newrepublic.com/article/196978/1-trillion-climate-problem-republicans-prefer-ignore?fbclid=IwQ0xDSwLA-uRleHRuA2FlbQIxMQABHmFOaTxYSjEIVVHa_vL1OMcnLTa4AAtIT6riD5T-bLzHqBdXUrXCgTBNA8Ba_aem_YH130GOe6aS8CesvMhmwyg
Bloomberg News:
The Climate Economy: 2025 Outlook
Climate costs are now a defining force in economic planning and investment strategy. This report unpacks how $18.5 trillion in disaster-related spending is influencing financial markets, corporate performance, and policy choices.
bloomberg.com/professional/explore/the-climate-economy-2025-outlook
News article:
State of Home Insurance: 2025
"Key findings
Home insurance rates climbed 40.4% cumulatively across the U.S. over six years. From 2019 through 2021, rates stayed relatively level, with 2021 seeing the biggest jump at 3.0%. Rates have since risen faster, with increases of 5.4%, 11.0% and 11.4% in 2022, 2023 and 2024, respectively. That’s a concerning trend for homeowners.
In those same six years, home insurance rates rose the most in Colorado. Home insurance rates jumped by 76.6% cumulatively in Colorado from 2019 through 2024. Nebraska (72.3%) and Utah (70.6%) followed. The smallest cumulative increases were in Vermont (12.2%), Alaska (12.9%) and Maine (17.9%).
Home insurance rates jumped 11.4% last year. The states with the biggest increases in 2024 were Montana and Nebraska, both at 22.1%. Minnesota and Washington followed at 19.5%. No state saw a decrease in its home insurance rates in 2024.
The average annual cost of home insurance across the U.S. is $2,801. Two states have an average rate more than double the U.S. average: Oklahoma ($6,133) and Nebraska ($5,912). The lowest average rate is $632 in Hawaii — the only state under four figures. California ($1,260) and Vermont ($1,339) are the next closest."
lendingtree.com/insurance/state-of-home-insurance
NOAA (National Oceanic and Atmospheric Administration) subgroup National Centers for Environmental Information (NCEI) webpage on Billion Dollar Weather and Climate Disasters
ncei.noaa.gov/access/billions/state-summary/NE
Note: this site is being discontinued
Bloomberg Intelligence report: 52 page report published June 16, 2025
The Climate Economy 2025 Outlook
$18.5 Trillion Disaster Spending
Adds Alpha Across Industries
Climate-related disasters have driven $18.5 trillion in global spending so far this
century, spurring a significant wealth transfer across companies and industries. In the
US, the costs are approaching $1 trillion a year, lifting revenue for companies focused
on repair (Waste Management, Fastenal and Quanta Services) and resilience (Dycom
Industries, Martin Marietta, Stantec and Jacobs Engineering). Low-emission leaders in
steel (Steel Dynamics), cement (Heidelberg Materials), oil and gas (EQT) and AI power
growth (Schneider Electric) may keep riding recent tailwinds, while US municipal
bonds, REITs and private-asset owners could be challenged.
• Climate Costs Are Rising: US climate-related costs reached a record $955 billion
over the 12 months through April and account for 36% ($7.7 trillion) of US GDP
growth this century, crowding out spending in other sectors.
• Repair, Prepare and Low-Impact Firms Well-Placed: Picking up after the last
storm and preparing for the next one could boost sales of companies such as Aon,
Home Depot and Assured Guaranty. Companies focused on CO2-efficient
production in the oil and gas, power, airlines and materials sectors have bested
higher-emitting peers.
• Climate Recovery Costs to Detract From Consumer Discretionary: The rising
costs of disaster recovery and home insurance premiums, which have doubled
since 2017, are crowding out consumer discretionary spending elsewhere in the
economy and putting pressure on local governments to prioritize disaster repair
over other infrastructure projects.
Featured in This Report: Bloomberg Intelligence analysis leverages an extensive suite
of data, including our proprietary Climate Damages Tracker (following monthly costs
in 50 countries), Global Emissions Intensity Tracker (500 firms across six industries), BI
Carbon forecasts, Bloomberg’s ESG scores and Industry-level alpha analysis.
Article link:
assets.bbhub.io/promo/sites/16/ClimateEconomyDeepDiveFINAL_PRINT.pdf
Please donate to PaulBeckwith.net to support my research and videos connecting the dots on abrupt climate system mayhem.
