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Sonali Kolhatkar | Who should pay for climate disasters?

Summary by Times-Standard
By Sonali Kolhatkar Rebuilding from California’s recent wildfires will cost more than a quarter of a trillion dollars — an unprecedented amount. The estimated damage from Hurricane Helene in the Southeast is almost as much, on the order of $250 billion. Who will pay for that damage? It’s a question plaguing localities around the country as climate change makes these disasters increasingly common. Some states are landing on a straightforward answ…

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juancole.comjuancole.com

Who Should Pay for Climate Disasters?

Some states are landing on a straightforward answer: fossil fuel companies. By Sonali Kolhatkar | ( Otherwords.org ) – Rebuilding from California’s recent wildfires will cost more than a quarter of a trillion dollars — an unprecedented amount. The estimated damage from Hurricane Helene in the Southeast is almost as much, on the order of $250 billion. Who will pay for that damage? It’s a question plaguing localities around the country as climate …

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Times-StandardTimes-Standard

Sonali Kolhatkar | Who should pay for climate disasters?

By Sonali Kolhatkar Rebuilding from California’s recent wildfires will cost more than a quarter of a trillion dollars — an unprecedented amount. The estimated damage from Hurricane Helene in the Southeast is almost as much, on the order of $250 billion. Who will pay for that damage? It’s a question plaguing localities around the country as climate change makes these disasters increasingly common. Some states are landing on a straightforward answ…

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Global Finance MagazineGlobal Finance Magazine

California Wildfires Fuel Parametric-Policy Adoption

California’s recent traumatic spate of wildfires has spotlighted the often clunky process of traditional commercial insurance. Typically, businesses are required to document their losses, file a claim, and wait months or even years for reimbursement. Insurance companies must meticulously assess damages, verify that a claim was not excluded from the policy, and determine how much to pay. Midsize companies and multifamily property owners can go b…

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Times-Standard broke the news in on Saturday, March 1, 2025.
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Similar News Topics

Wildfires

Wildfires

Hurricane Helene

Hurricane Helene

California, United States

California, United States

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