We’re collectively coming to the realization that climate resilience is more valuable than just the cost of a watt. Last year’s Public Safety Power Shutoffs revealed a sliver of the cost of inaction.
"The effect of wildfires extend far beyond property damage and loss of life," said Adam Rose, a research professor at USC’s Price School of Policy and director of CREATE, an organization that conducts economic analysis of terrorism events. "Business interruptions start when a wildfire begins. But they continue until you’ve recovered."