Babies born this year face a $500,000 climate bill

A sign warns of elevated fire danger in the Oakland Hill area of Oakland, California, on Thursday, October 29th, 2020. | Photo by Philip Pacheco / Bloomberg via Getty Images

Hate to break it to you, baby — but if you were born in the US this year, climate change could wind up costing you around $500,000 over the course of your lifetime. That’s according to a new study commissioned by Consumer Reports and conducted by consulting firm ICF.

The study counts up higher bills for climate-related calamities that drive up housing...