Report warns of taxpayer burden from climate change
Government Accountability Office: Trump administration lacks concrete plan of action
WASHINGTON — The Trump administration’s reluctance to confront climate change threatens to create a massive burden on taxpayers, as a lack of planning by federal agencies leaves the government ill-equipped to deal with the fallout from rising temperatures, according to independent congressional investigators.
The report released Tuesday from the Government Accountability Office presents a bleak picture in which the economic costs of climate change spiral ever further upward in the coming decades.
President Donald Trump’s scrapping of an Obama-era requirement that federal agencies work together to prepare for warming, the report concludes, has left them with no concrete plan of action or indication of one.
Sens. Maria Cantwell, DWash., and Susan Collins, R-Maine, had requested the GAO examination of climate change preparedness. Collins is among Republicans vocal in their disappointment of the administration’s climate policy. She voted against the confirmation of EPA chief Scott Pruitt and reprimanded the administration for bailing on the Paris agreement to combat climate change.
The report warns that the failure of federal agencies to work in unison in mitigating the impacts of global warming carries a big price tag. “The federal government does not have government-wide strategic planning efforts in place to help set clear priorities for managing significant climate risks before they become federal fiscal exposures,” the report said. It added that, “given the potential magnitude of climate change and the lead time needed to adapt, preparing for these impacts now may reduce the need for far more costly steps in the decades to come.”
The extreme weather events of the past decade that scientists believe were exacerbated by climate change added more than $350 billion in costs to taxpayers, according to the report, a huge drain on the budget as funds were diverted to cover more disaster relief, crop and flood insurance, firefighting costs, and infrastructure and public lands repairs. Those demands threaten to increase by $12 billion to $35 billion each year by the middle of the century, it said. By the end of the century they could go up each year by as much as $28 billion in today’s dollars, a crushing cost for taxpayers.