Categories: Personal Finance

Here’s how much extreme weather costs taxpayers

The Cost of Droughts

Droughts that persist for more than a few years can be especially damaging to agriculture and cause the deaths of trees that have been growing in forests for decades. More than 100 million trees died and then became safety hazards during the five-year drought in California in 2016, according to the NOAA National Centers for Environmental Information. Stressed water supplies in the Northeast and Southeast from extreme droughts also had a significant impact on the agricultural industry.

The total economic cost of the 2016 droughts was approximately $3.7 billion.

cleverfinance

Page: 1 2 3 4 5 6 7

cleverfinance

Share
Published by
cleverfinance

Recent Posts

See How the Prices on Your Favorite Items Could Change After Trump’s Tariffs

The round of tariffs imposed on some $200 billion worth of goods imported from China…

7 years ago

15 Shocking Examples of What Inflation Did to Us

Although inflation can increase costs of food, household items, electronics and even travel, demand for…

7 years ago

15 Things Retirees Should Buy at Costco

American shoppers are going gray. Chalk it up to aging baby boomers born between 1946…

7 years ago

12 Things That Cost Less Today Than in the 1900s

12 Things That Cost Less Today Than in the 1900s The good old days may…

7 years ago

8 times when it’s smart to be a cheapskate

Nobody wants to be thought a cheapskate. But, at times, it makes good financial sense…

7 years ago

11 Expert Tricks for $1 Million Just Using Your 401(k) Plan

This major milestone can be attained It’s not a magic number, but when your 401(k)…

7 years ago