Joe Biden says excessive climate will price US over $100 billion this yr

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US President Joe Biden mentioned on Tuesday that extreme weather events would price america over $100 billion this yr, as he visited Colorado to spotlight drought situations and raging wildfires within the US West.

Colorado was his final cease on a three-state western swing during which he additionally visited California and Idaho to show how world warming has scorched the area’s panorama at the same time as states in different components of the nation battle hurricanes and storms which have precipitated flash floods and killed dozens.

Tropical Storm Nicholas was battering the Texas and Louisiana coasts on Tuesday, flooding streets and leaving lots of of hundreds of properties and companies with out energy. Biden has additionally used the journey to construct assist for his administration’s infrastructure spending plans aimed toward preventing the rising risk of local weather change.

“We’ve to make the investments which are going to sluggish our contributions to local weather change, at present, not tomorrow,” Biden mentioned after touring the Nationwide Renewable Power Laboratory in Golden, Colorado. Current excessive climate occasions will “include extra ferocity,” he added.

Biden estimated the financial injury attributable to such occasions this yr would are available at greater than $100 billion, a day after saying they price america $99 billion final yr.

“Even when it’s not in your yard, you’re feeling the consequences,” he mentioned.

In the course of the tour, Biden examined a windmill blade resting on the bottom outdoors the laboratory and likewise checked out an enormous photo voltaic battery, saying such batteries could be essential in making certain owners have seven days of reserve energy.

Biden hopes to faucet into voter issues concerning the local weather to achieve fashionable assist for a $3.5 trillion spending plan that’s being negotiated within the US Congress. Republicans oppose the laws as a result of its price ticket and since taxes could be raised on the rich to pay for it.

Democrats who maintain slim majorities within the Home of Representatives and the Senate are hoping to cross the spending plan with solely Democratic votes, a troublesome balancing act in chambers rife with competing pursuits.



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