Beautiful Virgin Islands

Tuesday, Jun 24, 2025

Extreme weather to cost US over $100bn in 2021 - Biden

Extreme weather to cost US over $100bn in 2021 - Biden

US President Joe Biden predicted extreme weather events are set to cost the United States more than $100bn this year after a series of raging wildfires and punishing hurricanes wrought havoc across the country.
He made the stark estimate while visiting Colorado on Tuesday to highlight drought conditions and blazing fires that have ravaged the US West.

“We have to make the investments that are going to slow our contributions to climate change, today, not tomorrow,” Biden said.

He made the comments after touring the National Renewable Energy Laboratory in Golden, Colorado, the last stop on a three-state western tour in which the president visited California and Idaho, where global warming has scorched the region’s landscape even as states in other parts of the country battle hurricanes and storms that have caused flash floods and killed dozens.

Biden sought to build support for his administration’s infrastructure spending plans aimed at fighting the growing threat of climate change.

On Monday, Biden said the economic damage caused by extreme weather cost the US $99bn last year, before predicting on Tuesday the price tag would come in at more than $100bn for 2021.

Recent extreme weather events will “come with more ferocity”, Biden said.

“Even if it’s not in your back yard, you feel the effects,” he said.

He spoke as Tropical Storm Nicholas battered the coasts of Texas and Louisiana on Tuesday, flooding streets and leaving hundreds of thousands of homes and businesses without power. Hurricane seasons have proven particularly ruthless in recent years.

Biden’s trip was part of a larger attempt to tap into voter concerns about climate to gain popular support for a $3.5 trillion spending plan that is being negotiated in the US legislature.

Republicans oppose the bill, citing its price tag and tax rises for the wealthy to pay for it.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Airlines Evaluate Flight Cancellations Amid Escalating US-Iran Tensions
Starmer Invites Innovators to Join Government Talent Scheme
UK Economy’s Strong Opening Quarter Shows Signs of Cooling
Harrods Seeks Court Order to Secure Al Fayed Estate for Victims
BA and Singapore Airlines Cancel Dubai Flights Amid Middle East Tensions
Trump Faces Backlash from MAGA Base Over Iran Strikes
Meta Bets $14 B on Alexandr Wang to Drive AI Ambitions
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
FedEx Founder Fred Smith, ‘Heart and Soul’ of the Company, Dies at 80
Chinese Factories Shift Away from U.S. Amid Trump‑Era Tariffs
Pimco Seizes Opportunity in Japan’s Dislocated Bond Market
Labubu Doll Drives Pop Mart to Status as China’s Most Valuable Toy Maker
Global Coal Demand Defies Paris Accord Goals
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
BBC Demands Perplexity AI Immediately Stop Using Its Content
Telegram Founder: I Will Leave My Fortune to Over 100 of My Children
Political Turmoil Resurfaces in Belgium Amid Economic Concerns
Fed policymakers divided on timing of interest rate cuts
Trump signals imminent agreement with Harvard University
Inheritance tax referendum alarms Swiss billionaire community
Japan cancels bilateral security meeting amid US defence demands
AI skeptic Emily Bender warns that ‘the emperor has no clothes’
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
Plans to Sell Dutch Embassy in Bangkok Face Local Opposition
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump's $5 Million 'Trump Card' Visa Program Draws Nearly 70,000 Applicants
DGCA Finds No Major Safety Concerns in Air India's Boeing 787 Fleet
Airlines Reroute Flights Amid Expanding Middle East Conflict Zones
Elon Musk's xAI Seeks $9.3 Billion in Funding Amid AI Expansion
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Taiwan Imposes Export Ban on Chips to Huawei and SMIC
Israel has just announced plans to strike Tehran again, and in response, Trump has urged people to evacuate
Netanyahu Signals Potential Regime Change in Iran
Juncker Criticizes EU Inaction on Trump Tariffs
EU Proposes Ban on New Russian Gas Contracts
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
×