Studies of the economic impacts of climate change often look at long-term, national costs. A new BPEA study takes a different approach, focusing on the current household level costs attributable to changing weather. The report authors examine a range of impacts, from mortality costs due of wildfire smoke to rising insurance costs along coastlines, to provide estimates of annual costs by region and socioeconomic status. On this episode of the Brookings Podcast on Economic Activity, two of the authors, Kimberly Clausing and Catherine Wolfram, join host Samantha Gross for a discussion of their findings and the implications for policymakers.

Show notes and transcript

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