CNBC: "Climate change could cost Americans born in 2024 nearly $500,000 in their lifetime"

by Annie Nova

‘Climateflation’ is already affecting prices

“Climate change leads to droughts, which lead to crop failures, which cause food price spikes,” said Gernot Wagner, a climate economist at Columbia Business School.

Some of the biggest financial risks of climate change come into play with housing, Wagner said.

Quoted in: "Climate change could cost Americans born in 2024 nearly $500,000 in their lifetime" by Annie Nova, CNBC (26 April 2024).

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