Joint Economic Committee Democrats Report on Cost of Climate-Exacerbated Wildfires

A new report from U.S. Congress Joint Economic Committee found that climate-exacerbated wildfires cost the United States between $394 to $893 billion per year in economic costs and damages – a number much higher than existing estimates. The new estimate pulls from existing research on related costs like property damage and diminished real estate value, direct deaths and injuries, health impacts from wildfire smoke, income loss, watershed pollution, and a range of other factors.