Climate Adaptation
Everybody Is Going to End Up Paying for Texas' Climate Crisis
Americans already share the collective financial burden of climate change, even if they don’t realize it
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Fallout from last month’s deadly deep freeze in Texas has quietly spread to people living hundreds of miles away. Minnesota utilities have warned that monthly heating bills could spike by $400, after the crisis jacked up natural gas prices across the country. Xcel Energy’s Colorado customers could face a $7.50 per month surcharge for the next two years.