US Costly Wildfire Reaches Between $394 to $893 Billion Yearly, Report Shows

The latest report revealed that massive wildfires resulted in billions in damages in the US. The total cost of fires could reach between $394 to $893 billion each year.

Wildfires can rapidly spread, causing devastating damage to communities and wildlife. Climate change can worsen fire intensity, making it more frequent and deadly.

The soaring temperatures and dry conditions in the US can favor wildfires fanned by strong winds. Recently, the country has experienced challenging heat waves and prolonged intense heat.

US Costly Wildfire

(Photo : by NIC COURY/AFP via Getty Images)
Wildfires in US. The massive wildfires in the US are costly, with a total cost between $394 to $893 Billion each year. Devastating fires can cause significant impacts on wildlife, human health and communities. 

According to a recent congressional report, the total cost could reach between $394 and $893 billion annually. The amount was calculated based on the research and severe damage to properties, including the health impacts of unhealthy smoke.

The report analyzed the economic impacts of fires in the US. It also considered the effects of fires on real estate value, income loss, deaths and injuries.

As a result, mitigation and wildfire preparedness are essential to prevent the emergence of larger fires in the country.

In addition, the dry conditions and lack of rainfall can be ideal for fires to emerge. With the problem of climate change and El Nino, wildfires can have catastrophic impacts on communities.

In the real estate value in the country, the new report highlighted the whopping loss each year, ranging from $67.5 to $337.5 billion yearly.

Without urgent protection efforts, wildfires can likely worsen, and the cost could be more catastrophic.

In the Western US, the latest study warned of intensifying wildfires in the region. The report explained that simultaneous fires or risks could become more challenging to mitigate or control for fire protection.

The research findings were published in the International Journal of Wildland Fire. The report analyzed the fires that could reach about 1,000 acres or more.

The frequency of fires in the Western US could also cause unhealthy smoke, affecting nearby communities. The limited humidity and drought conditions can bring more wildfire risks.

As a result, the report explained that reducing greenhouse gas emissions and effective disaster management are crucial to prevent more fires.

On the other hand, the frequency of fires can seriously impact wildfire. Bushfires and wildfires can lead to ecosystem collapse.

Fires can lead to habitat loss and degradation, destroying significant animal habitats.

Also Read: Drying of Water Well in Central Valley Can Affect Communities' Drinking Water in California, Research Warns

How Can Homeowners Keep Safe From Fires?

Communities can be at risk of fires, especially for people in fire-prone areas or forests. Staying prepared for deadly fires is essential to avoid potential severe impacts.

Here are essential reminders on how homeowners can stay safe from deadly wildfires.

• Homeowners should regularly trim their grass areas. It can reduce the fire risks.
• Car owners should turn off their engines and other flammable equipment while on dry vegetation.
• Keeping fire emergency kits is recommended when fires break out.

Related Article: Climate Change-Induced Drought Impacts Global Water Security, New Report Shows

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