A Senate Budget Committee report shows how dangerous climate change is to the nation’s financial system as well as how bad it could be for homeowners seeking affordable insurance.
A Senate Budget Committee Staff report out this month, Uncovering the Economic Costs of Climate Change, details findings from more than a dozen committee hearings with witnesses that included economists, bankers, insurance industry analysts, scientists and others.
The report asserts that economic damages from climate change are already occurring, and it features witness testimony that syst