Now will you support the Green New Deal?! CNBC: NFL stadiums could experience $11 billion in climate-related losses by 2050, a new report finds – ‘Teams trying to tackle the climate change problem head on’ by stadiums’ running ‘completely off renewable energy’

https://www.cnbc.com/2024/10/17/climate-risk-sports-stadiums.html

Key Points


Sports stadiums are facing risks from changing weather patterns.


NFL stadiums could experience $11 billion in climate-related losses by 2050, according to a new report released by the climate risk analysis company, Climate X.


The risk was underscored by Hurricane Milton ripping the roof off Tropicana Field in Tampa, Florida.

Hurricane Milton’s damage to Tropicana Field in Tampa, Florida, was so devastating it likely means the Tampa Bay Rays will be looking for another place to play ball for opening day next spring.

Like many baseball stadiums around the country, Tropicana Field’s geographic location makes it vulnerable to hurricane winds or tornado-force winds, hail, storm surge and flooding.


The Baltimore Orioles, Los Angeles Dodgers, New York Mets, Miami Marlins, Pittsburgh Pirates, San Diego Padres and others play on or near the water and could see insurance premiums rise and repair costs soar as weather-related losses hit.

But it’s not just baseball stadiums at risk. NFL stadiums could experience $11 billion in climate-related losses by 2050, according to a new report released by the climate risk analysis company, Climate X.

As football stadiums are increasingly being used for concert venues, storm shelters and community events, the impact could be severe for the economy.

Climate X said it’s a wake-up call for state and local governments.

“The problem with climate change is non-linear and non-stationary. If you had a problem there yesterday, that doesn’t mean that it’s going to be there tomorrow,” said Kamil Kluza, co-founder of Climate X. “Places that have been unimpacted will become impacted, because the climate will change and move around.”

Some teams are trying to tackle the climate change problem head on. For example, Allegiant Stadium in Las Vegas ran the Super Bowl completely off renewable energy.

Mercedes Benz stadium in Atlanta, home to the Atlanta Falcons, said its energy-efficient design reduces electricity usage by 29%.

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