According to new data from the U.S. National Climate Assessment, extreme weather caused by climate change has cost the United States a reported $150 billion per year.
The NCA report claims that a new extreme weather event hits the United States every three weeks, with each incident running a price tag of $1 billion.
Four decades ago, the likelihood of a $1 billion loss from a natural disaster was only once every four months.
Extreme weather events are only expected to become more frequent in the near future as global sea levels and temperatures continue to rise.
