Increasing costs of climate change–related disasters reflects importance of nuclear
Hurricanes, wildfires, and other disasters across the United States caused $95 billion in damage last year, according to new data referenced by the New York Times. The cost is almost double the amount in 2019 and the third-highest loss since 2010.
The new figures, reported January 7 by Munich Re—a company that provides insurance to other insurance companies—are the latest signal of the growing cost of climate change. The spike reflects the need for increased reliance on clean energy sources such as nuclear, solar, and wind.