Climate Disruption Cost and Solution

2,574 views · Published 16 April 2013 · 2:53 · Indexed 1 October 2026

Channel: NRDC · 2013 · Nonprofits & Activism

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In 2012, the costs of extreme weather in the United States totaled almost 1 percent of the nation's gross domestic product -- equal to roughly half of all the sales taxes states collected. That cost is, in effect, a "climate disruption tax," equal to a 2.7 percentage point increase in what Americans paid in sales taxes last year.

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