US Climate Damage Since 1990 Totals $10 Trillion Research Finds
New research indicates that the United States has caused approximately $10 trillion in global damages over the past three decades due to its significant planet-heating emissions, with a quarter of this economic burden affecting the U.S. itself. As the largest historical carbon emitter, the U.S. has inflicted more harm on global economic growth than any other nation, surpassing even China, which is responsible for $9 trillion in GDP damage since 1990. This study highlights that while the U.S. bears a substantial portion of its own economic losses, developing countries have disproportionately suffered, with nations like India and Brazil experiencing billions in economic damage. These findings underscore the substantial economic toll of climate change, particularly for vulnerable populations who have contributed the least to the problem.
John Q. Hosedrinker