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ICYMI: Climate Change Is Seriously Impacting the Financial Future of Millennials

When environmentalists speak of climate change, they often talk of “future generations.” But generations already here are poised to suffer long-term consequences. Climate change will affect millennials drastically—including in their wallets.

NextGen Climate and Demos, two organizations dedicated to policy, published a report August 22 that found when compared to a world without climate change, millennials will lose $100,000 in lifetime income and $142,000 in wealth because of additional tax burdens from extreme weather, pollution-related health costs, and the current U.S. economy, which is still recovering from the Great Recession.[...]