How climate change is making it more expensive to cool homes
How climate change is making it more expensive to cool homes

Over the last three years, retail electricity prices have gone up faster than the rate of inflation, and new research from Texas A&M shows climate change is making it more expensive to cool homes. CBS News’ David Schechter reports on the impact.
Read the full article on CBS US
Truth Analysis
Analysis Summary:
The article's core claim that climate change is increasing the cost of cooling homes is supported by the provided sources, although indirectly. The article exhibits a moderate bias by focusing on the negative impacts of climate change without presenting alternative perspectives or solutions beyond the need to address climate change itself.
Detailed Analysis:
- Claim:** Retail electricity prices have gone up faster than the rate of inflation over the last three years. This claim is not directly addressed by the provided sources. *Fail to cover*.
- Claim:** Climate change is making it more expensive to cool homes. This claim is indirectly supported by several sources. Verification Source #1 states that climate change is making home construction more expensive due to natural disasters. Verification Source #3 and #4 discuss the rising costs of home insurance due to extreme weather events, which are linked to climate change. While these sources don't directly address cooling costs, they suggest a broader trend of increased expenses related to housing due to climate change. Verification Source #5 suggests that "cool roofs" can save money on cooling, implying that cooling is a significant expense.
- Claim:** New research from Texas A&M shows climate change is making it more expensive to cool homes. The specific research is not provided, so it is difficult to verify the specifics. However, the general idea aligns with the trends suggested by other sources. *Fail to cover* the specific research, but the general claim is supported.
Supporting Evidence/Contradictions:
- Agreement:** Verification Source #1, #3, and #4 all agree that climate change is increasing costs related to housing (construction, insurance).
- Lack of Coverage:** The specific Texas A&M research mentioned in the article is not available in the provided sources.
- Internal Knowledge:** While not directly stated in the provided sources, it is common knowledge that increased temperatures due to climate change would lead to increased use of air conditioning, and therefore higher electricity bills.