{"id":281862,"date":"2023-10-04T17:45:56","date_gmt":"2023-10-04T15:45:56","guid":{"rendered":"https:\/\/climatescience.press\/?p=281862"},"modified":"2023-10-04T17:46:00","modified_gmt":"2023-10-04T15:46:00","slug":"biden-treasury-dept-report-claims-climate-change-could-impose-substantial-financial-costs-on-u-s-household-finances-but-it-is-bidens-climate-pol","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=281862","title":{"rendered":"Biden Treasury Dept Report claims \u2018climate change\u2019 could impose \u2018substantial financial costs\u2019 on U.S. household finances \u2013 But it is Biden\u2019s climate POLICIES that are already imposing substantial costs"},"content":{"rendered":"\n
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From ClimateDepot.com<\/a><\/p>\n\n\n\n

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CNBC<\/a>: Climate change is expected to impose \u201csubstantial financial costs\u201d on U.S. households in the coming years, according to a new report<\/a> by the U.S. Department of the Treasury. … <\/strong>
Flooding and wildfires can damage businesses, forcing employers to furlough<\/a> or lay off staff, the Treasury Department found. …<\/strong><\/p>\n\n\n\n

Recurring hazards such as wildfires or heat waves could reduce the available jobs in certain sectors, leading to long periods of unemployment for people. … <\/strong><\/p>\n\n\n\n

The financial threat is secondary to a more existential risk given the dire climate conditions anticipated. … <\/strong><\/p>\n\n\n\n

Climate change-caused disruptions to supply chains could lead to soaring prices on certain products, the Treasury Department finds. … <\/strong><\/p>\n\n\n\n

Droughts<\/a>, floods and extreme temperatures will likely create food shortages and make prices at the supermarket increase. …<\/strong><\/p>\n\n\n\n

Households may see their energy bills rise too as climate change worsens.<\/strong><\/p>\n\n\n\n

#<\/p>\n\n\n\n

Climate Depot’s Morano: “The Treasury Dept report is complete nonsense. The report claims that ‘climate change’ will have ‘substantial financial costs,’ create unemployment, food shortages, inflation, and make energy bills rise. The Treasury report has it completely backward: it is the Biden administration’s climate & energy policies that are already having ‘substantial financial costs,’ creating unemployment, food shortages, inflation, and making energy bills rise.”<\/strong><\/p>\n\n\n\n

Scientific Reality Check: 2023: Definitive Guide to Extreme Weather: No trends or declining trends in hurricanes, floods, tornadoes, droughts, heat waves, disaster losses, wildfires \u2013 All peer-reviewed & official sources \u2013 By Dr. Roger Pielke Jr.<\/a><\/strong><\/p>\n\n\n\n

2021: \u2018A lie is born\u2019: Extreme weather expert Dr. Roger Pielke Jr. rips media\u2019s false claim that \u20181 in 3 Americans experienced a weather disaster this summer\u2019 \u2013 Pielke slams \u2018spectacular\u2026quality control problems in climate journalism\u2019<\/a><\/strong><\/p>\n\n\n\n

By\u00a0Marc Morano<\/a><\/p>\n\n\n\n

https:\/\/www.cnbc.com\/2023\/10\/02\/climate-change-could-devastate-household-finances-us-treasury-warns.html<\/a><\/p>\n\n\n\n

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By Annie Nova<\/a> \u2013 CNBC<\/p>\n\n\n\n