Wildfires Costing The U.S. $89 Billion In Lost Output, Study Finds

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Wildfires Costing The U.S. $89 Billion In Lost Output, Study Finds
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Jamie Hailstone is a UK-based reporter, who covers sustainability, focussing on pollution, the circular economy and calls for healthier cities. He’s covered electric school buses, air quality and plastic pollution in the oceans. Previously, Hailstone was editor of Environment Journal Online and Air Quality News.

California on August 5, 2021. - Evacuation orders were widened on August 5, 2021 as California's biggest wildfire raged through the state's tinder-dry landscape, laying waste to hundreds of square miles . The Dixie Fire is already the sixth biggest in the state's history, and was still spreading thanks to gusting winds and record-low humidity. The current spate of wildfires could cost the economy of the United States more than $89 billion in lost output, according to a new analysis.

In Washington, the current wildfires could see a decrease in 5,195 jobs, $389 million in labor income, and $678 million in contribution to GDP. But she added there were immediate costs like the electricity and water needed to fight the wildfires, a loss of household income to families who have been directly affected and for the timber sector itself.The analysis also notes rebuilding after a wildfire and supporting those affected could actually has a positive impact on the U.S. economy.

“An increased exposure to wildfire smoke has a wide range of harmful outcomes, both in the near term and the longer term,” said Barrett. According to the tool’s analysis, researchers have warned there is a high level of certainty that the U.S. regions of California and Pacific Northwest are expected to be hit hard with forest fires in the coming months.

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