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An average house in the United States costs about $250,000; with 4 trillion dollars, you could buy 16 million houses. From 1980 till 2020, insurance claims because of extreme weather have cost more than 1.8 trillion dollars, which is more than Canada’s GDP. Over the last two decades, climate-related events have lost the government more than $2.3 trillion dollars, that is more than the market capitalization of Apple, the most valuable company on the planet. In the past three years, climate disasters have cost North America over $415 billion, most of them attributed to hurricanes and wildfires. Every year, billions…

Ryan Deng

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