‘Hidden costs’ of climate emergency are worsening California’s affordability crisis – report

A recent study from the University of California, Berkeley, reveals that the climate emergency is exacerbating California's affordability crisis. Households are facing rising utility bills, lost wages, and increasing healthcare costs, which could lead to up to $1 million in expenses for those severely affected. This situation is alarming as it highlights the long-term financial burden the climate crisis will impose on future generations, with the average American born in 2024 potentially facing an additional $500,000 in lifetime costs. Understanding these hidden costs is crucial for addressing the broader implications of climate change on everyday life.