Climate change in brief

The Progressive - 2024 was a disaster for the planet and its people. According to NASA, it was the warmest year since temperatures began being recorded in 1880. In the United States alone there were twenty-seven climate and weather events that resulted in at least a billion dollars in damages—second only to 2023, with twenty-eight such events. 

These events—wildfires, floods, tornadoes, and hurricanes—are becoming the norm, and they’re financially devastating. 

In January, tens of thousands of acres and more than 16,000 structures burned in southern California. Last month, more than 150 tornadoes tore across the central and southeastern United States, and, this month, historic floods submerged parts of the Midwest and South.

In the parts of the United States at higher risk for climate-related extreme weather events, insurance claims are increasing in cost and frequency. Not surprisingly, these high-risk areas are also now seeing the highest increase in cancellations for failure to pay premiums and nonrenewals by the insurance companies. Without insurance, homeowners may not be able to rebuild when disaster strikes.

And climate change isn’t the only escalating crisis. The world is also drowning in plastic. On September 5, 2024—Plastic Overshoot Day—the world exceeded its capacity to manage plastic waste. An estimated 220 million tons of plastic are projected to be produced this year alone, and 66 percent of people live in areas where plastic waste exceeds waste management capacity.