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Biden says extreme weather will cost U.S. 'well over $100 billion' this year

Published 09/14/2021, 06:17 PM
Updated 09/14/2021, 06:21 PM
© Reuters. U.S. President Joe Biden makes remarks to promote his infrastructure spending proposals during a visit to the National Renewable Energy Laboratory (NREL), in Golden, Colorado, U.S. September 14, 2021. REUTERS/Leah Millis
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GOLDEN, Co. (Reuters) - Extreme weather events will cost the United States well over a $100 billion this year, topping last year's cost of $99 billion, U.S. President Joe Biden said on Tuesday.

© Reuters. U.S. President Joe Biden makes remarks to promote his infrastructure spending proposals during a visit to the National Renewable Energy Laboratory (NREL), in Golden, Colorado, U.S. September 14, 2021. REUTERS/Leah Millis

Biden, speaking at the National Renewable Energy Laboratory (NYSE:LH) in Golden, Colorado, said nearly one in three American communities had been struck in the past few months by weather disasters exacerbated by climate change.

"We know what the driver is - climate change. We know what's causing climate change - human activity," Biden said. "This is no longer subject to debate."

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