Salon: Climate groups put a monetary number to inaction
May 5th, 2022
Updated: May 12, 2022
By Jessica Corbett
A coalition of advocacy organizations demanding bold steps by the U.S. government to combat the climate emergency launched an online ticker Thursday that shows "the cost of inaction."
The ticker, currently set at $50.5 billion and constantly climbing, comes as legislation to deliver on some of President Joe Biden’s climate pledges was passed last year by Democrats in the U.S. House of Representatives but has since stalled in the evenly split Senate.
The Climate Action Campaign (CAC) and other groups behind the project rely on data from the National Oceanic and Atmospheric Administration detailing recent weather and climate disasters for which the overall damage costs hit or surpassed $1 billion.