File this under “They Have No Shame.” Desperate to regain momentum for Agenda 2030, activists’ new meme is that costs of living are rising because of global warming/climate change. It’s an obvious attempt to deflect from Greenflation due to the so-called “Energy Transition” and to blame realists who dissent from “consensus Climate Science.” Here’s the study from MIT disciples: Why climate change is costing U.S. households hundreds of dollars a year. Excerpts in italics with my bolds,
CAMBRIDGE, Mass., April 7, 2026 – As extreme weather becomes more frequent, climate-related costs are creeping into everyday expenses, adding hundreds of dollars a year to U.S. household expenses. From higher insurance premiums to rising utility bills and disaster-related income losses, climate change contributes to expenses at a time when Americans are already worried about rising food and energy costs. While their list of climate-related expenses is not exhaustive, the researchers found that climate change is already costing U.S. households between $400 and $900 a year, on average. In some places, the burden is far higher: in around 10% of U.S. counties, annual climate-related costs exceed $1,300 per household.
Coauthor Catherine Wolfram:
“A lot of the ways in which we discuss climate now are kind of abstract and in the future — maybe these impacts happen in 2050 or 2100 — but we really wanted to emphasize that this is already occurring and it’s having negative financial implications for households.”
Energy expenses are one important driver in household climate costs.
To estimate the growing household costs of energy from increased use, production disruption, and damage to electric companies’ infrastructure, the researchers compared energy use in 2020 to 2024 with that of 1981 to 1990. Recently, more utility companies have been increasing their rates in response to wildfires and hurricanes, either to fund recovery or to mitigate future damage.
Insurance costs represent another piece of households’ growing financial burden.
The researchers estimate climate change contributed to an average $360 increase in homeowners’ insurance premiums between 1990 and 2023. In some cases, households may be hit twice: by rising utility bills and higher insurance premiums at the same time.
Government climate-related costs are passed on to households
These typically include having to pay to repair schools, roads, bridges, and airports after natural disasters. They found that the annual average per household cost from these expenses from 2017 to 2021 was nearly $150. Other costs, including higher home prices in lower-risk areas and rising food prices from crops damaged during disasters, are likely contributing as well, but are outside the study. Migration costs could also play a role, as people move away from areas experiencing more frequent disasters.
Summary of Costs incurred by households due to climate change
| Cost Factor Estimated | Annual Cost |
| Home insurance premiums | Over $600 |
| Disaster recovery expenses | Varies by region |
| Increased utility bills | About $35 |
| Health impacts from air quality | Exceeds $100 |
What They Are Not Telling You
Insurance Companies Making Record Profits Off Climate Change Panic
US insurers’ profits double as price rises exceed extreme weather claims (Source Financial Times)
US property and casualty insurers nearly doubled their earnings between 2023 and last year despite costly extreme-weather events, according to research that highlights the pay-off from several years of rising customer prices.
A survey of companies that account for at least 97 per cent of US property and casualty cover by rating agency AM Best, found that the aggregate after-tax profits of the industry surged to $171bn last year, compared with $92bn the previous year.
Hurricanes, fires and other disasters caused an estimated $320bn of losses around the world in 2024, about a third more than the year before. In the US alone, five big hurricanes as well as other severe storms struck.
However, the data showed insurers more than offset larger losses by increasing premiums. Helen Andersen, an AM Best research analyst, told the Financial Times that the strong earnings figures were the result of “an aggressive push for significant rate and pricing increases” by insurers.
But some consumers — particularly in states historically less affected by wildfires and extreme weather such as hurricanes — have questioned the justification for price rises that have sometimes outstripped inflation.
Unreliable Wind and Solar Power Drives Higher Electricity Bills
EPA Reports US Air is Clean of Unhealthy Pollutants
Costly Government Emission Schemes
Carney’s Industrial Carbon Tax imposes real costs on Canadians
The economic cost is more than $1,100 per person, while employment is 50,000 lower than it would be under the 2025 policy status quo
