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Video Friday: Extreme Weather, Insurance Companies and the American Taxpayer

This NRDC video discusses the costs of extreme weather events, which in 2012 totaled one percent of the nation’s gross domestic product. Insurance companies are “under water” in more ways than one and the US taxpayer ended up paying what is essentially a “climate disruption” of 2.7 percent more than the total collected in sales taxes for 2012.

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