Because the number of extreme events and their destructive power keeps increasing at an accelerating rate. If we can expect to take a $1 trillion hit over just the next decade, the costs by the end of the century are hardly fathomable.
"The chaos created by extreme weather has been compounded by the chaos of deregulated energy markets and profit-driven corporations who care little about workers and the interests of the public." - D. Michael Langford, president of the Utility Workers Union of America
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