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U.S. to face multibillion-dollar bill from climate change: report

2014-06-24 11:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Annual property losses from hurricanes and other coastal storms of $35 billion; a decline in crop yields of 14 percent, costing corn and wheat farmers tens of billions of dollars; heat wave-driven demand for electricity costing utility customers up to $12 billion per year. These are among the economic costs that climate change is expected to exact in the United States over the next 25 years, according to a bipartisan report released on Tuesday. And that's just for starters: The price tag could...

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