Last year, weather and climate disasters in the U.S. triggered approximately $93 billion in damages, according to the NOAA National Centers for Environmental Information. These figures underscore the escalating threat posed by climate change and the urgent need for mitigation strategies. Jeremy Porter, the head of climate implications for First Street Foundation, warns that no area in the nation is safe from these risks. Wildfires, wind, floods, and extreme heat are affecting all regions, carrying severe implications for both people and economies.
Some states are more susceptible to these disasters than others, and alarmingly, not all are taking the necessary steps to mitigate these risks. This inaction could potentially lead to significant economic impacts. The increasing frequency and intensity of such disasters have compelled companies to factor in a state’s sustainability and resilience when deciding on their location. This shift has prompted CNBC to incorporate sustainability into the Infrastructure category of their annual America’s Top States for Business study.
The study took an in-depth look at factors such as state-level data provided by First Street Foundation on properties at risk of significant damage from flooding, extreme heat, wildfires, and wind over the next 30 years. It also considered NOAA data on extreme weather and U.S. Department of Energy data on renewable power. First Street Foundation, a non-profit, non-partisan research organization, has spotlighted the risk posed by multiple hazards like wildfire, wind, flood, and extreme heat in every corner of the U.S.
The study shed light on states that are particularly vulnerable to climate change and need to take more action to mitigate the risks. Maryland, Delaware, Texas, New Hampshire, Pennsylvania, Ohio, Mississippi, Connecticut, Louisiana, and New Jersey were identified as areas that require immediate attention. The findings serve as a stark reminder of the need for robust, proactive measures to counter the destructive effects of climate change. It is a call to action for states to prioritize sustainability and resilience, not only for the safety of their residents but also for their economic stability.
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