your utility, grocery, and insurance bills are all going up – and climate change is a big part of the reason why. extreme weather is destabilizing our supply chains, and that volatility gets priced into everything – including the essentials we need to survive.
"$22 for a burrito? Why is everything so expensive? Well, it's partly because of climate change. What? How does climate change affect everything getting more expensive? Lots of ways. I'll just share three of them. First, more extreme temperatures are causing utility bills to go up. When it's hotter, we use more AC, and when it's colder, we use more heating. That's part of why the cost of household energy has gone up 18% just since Trump started his second term. Not to mention all the data centers sucking up so much of our electricity demand. That causes prices to go up for everyone. I had a feeling the data centers and heatwaves had something to do with it. And that's just energy costs. The second factor is insurance. More floods and more fires means more insurance claims. Like after the recent LA fires, when over 40,000 claims were filed and billions of dollars were paid out. The way insurance works is those costs get spread across everyone who pays insurance. So even if you don't live in a flood zone or a fire area, I guarantee you climate change means you're paying more. I guess I'd be more worried about that if I owned a home, but I don't. And I still don't understand why my burrito is so expensive. Well, that's the third thing, food. Extreme weather is disrupting food supply, leading to food shortages and higher prices. In a globalized food system, everything is connected. So a drought or a heatwave in another part of the world can hit prices in your grocery store. Not to mention that everything needs to be shipped, so higher gas costs are having effect as well. Long story short, on average, it means you're paying more for food. Damn, that reminds me. I forgot to get groceries, but I'm so hungry. I guess I'll just order something."
💬 Discussion
your utility, grocery, and insurance bills are all going up – and climate change is a big part of the reason why. extreme weather is destabilizing our supply chains, and that volatility gets priced into everything – including the essentials we need to survive.