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1 .This is Scientific American 60-Second Earth. I'm David Biello. Your minute begins now.
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2 .Climate change is already melting the Arctic, queering weather and threatening food supplies.
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3 .So who's paying the price for all these global warming impacts?
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4 .It might seem like insurers are most at risk.
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5 .Indeed, insurers did pay out some $33 billion in climate-related damages last year in the U.S.alone.
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6 .But it turns out that bearing the brunt of climate change costs is you, the taxpayer.
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7 .A new analysis by the Natural Resources Defense Council, the NRDC, finds that the federal government spent three times more than the private insurance industry on climate change impacts last year.
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8 .And, of course, those federal efforts are entirely funded by taxpayers.
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9 ."It is in effect a climate disruption tax, equivalent to a 2.7 percentage point increase in what Americans paid in sales taxes last year."
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10 .That's Daniel Lashof, director of the NRDC's Climate and Clean Air Program and co-author of the report.
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11 .We spent nearly $100 billion in 2012 on drought-related crop insurance, storms like Hurricane Sandy, floods and wildfires.
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12 .By comparison the nation spent $95 billion on education last year and just $91 billion on transportation.
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13 .Greenhouse gas pollution shows no signs of slowing, recently touching 400 parts-per-million.
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14 .And as that number continues to rise, so will the price.
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15 .Your minute is up, for Scientific American 60-Second Earth. I'm David Biello.
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