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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

Texas Blackouts To Continue Today and Into Early Tuesday
Photographer: Matthew Busch/Bloomberg

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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.