Climate change has been described as a ticking time bomb, the threats of which extend beyond ecosystems and biodiversity to big financial impacts on households and the U.S. economy.
Here's what to know, according to Rumbach and David Pogue, host of the podcast "Unsung Science" and author of "How to Prepare for Climate Change: A Practical Guide to Surviving the Chaos."
Both experts were interviewed by CNBC during a recent discussion about climate change and its impact on personal finance.
"Over time, each incremental increase in climate change is going to up the economic cost bit by bit," Rumbach said.
But there are also steps they can take to prepare for the worsening effects of climate change.
Persons:
Andrew Merry, Andrew Rumbach, David Pogue, Tim Wright, Rumbach, Pogue, There's, Justin Paget, Digitalvision
Organizations:
CNBC's, Finance, White, Urban Institute, CNBC, Bloomberg Creative, Bloomberg, Census, Getty, Starbucks, Urban
Locations:
U.S, Florida, Louisiana, New Orleans