As severe weather activity continues to worsen each year, the role of climate change continues to grow more significant. (Photo: AP)

New research out of Stanford University puts a price tag on the cost of climate change.

According to their report, a third of the financial damage caused by flooding in the U.S. over the past three decades can be attributed to excess precipitation caused by climate change — nearly $75 billion worth.

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Danielle Ling

Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].

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