Trump’s Attempt to Hide the Costs of Climate Driven Disasters Will Exacerbate Nationwide Insurance Crisis
WASHINGTON — The National Oceanic and Atmospheric Administration today announced it would stop tracking the cost of extreme weather events, and would “retire” the data, also known as the “billion-dollar weather and climate disasters” database, In response, Carly Fabian, senior insurance policy advocate with Public Citizen’s Climate Program, issued the following statement:
“This Trump administration move is the dumbest magic trick possible: covering their eyes and pretending the problem will go away if they just stop counting the costs. Households across the country already have to count these costs at their kitchen table as they budget for higher insurance costs and home repairs. Families and retirees dipping into their savings or going bankrupt to recover from wildfires and hurricanes know what disasters cost.
“Hiding the national tallies will only undermine our ability to prepare and respond to the climate crisis. Deleting the data will exacerbate the devastating delays in acting to slow climate change, and the impacts it is having on property insurance and housing costs.”
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