It is time we shift the cost of climate disasters away from the American taxpayer and to the industry that is largely responsible for the damage. That means putting a price on carbon instead of subsidizing their dangerous pollution.
Storms in 2017 cost American taxpayers more than $300 billion, more than any year on record. That’s enough money to feed every food insecure household in the United States — all 17.6 million of them — for an entire year and still have money left over to provide free healthcare to 9 million low-income children for the next 30 years.