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Is climate change making inflation worse?

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There’s mounting evidence that more frequent extreme weather events do make some things more expensive

There’s mounting evidence that more frequent extreme weather events do make some things more expensive.

ST PHOTO: LIM YAOHUI

Lydia DePillis

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When we think of the costs of climate change, the first thing that usually comes to mind is catastrophic losses from disasters such as floods and wildfires. But what about everyday expenses like milk, eggs and your electricity bill? Is climate change driving inflation?

The short answer: Probably, but it’s complicated.

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