Los Angeles County’s Climate Cost Challenge - A $12.5 Billion Bill to Protect

5 Los Angeles County Climate Cost Study Meanwhile, the major oil and gas companies that knew their products would lead to catastrophic climate change, and then deceived the public and policy-makers about it for decades, pay nothing.4 A more just alternative would be to make the polluters most responsible for the climate crisis pay their fair share of the climate adaptation and resilience costs fac. [...] The yearly average cost of installing cool pavements across the Los Angeles County area would be about $149 million, equivalent to 16% of the county’s 2023 transportation budget (Appendix G.2).8 Figure 2: The total costs local governments in Los Angeles County face through 2040 to protect communities from the worsening impacts of climate change.9 6  LA County, “LA County Open Budget Appropriation . [...] In addition, climate adaptation projects in unincorporated areas of Los Angeles County — home to about one million residents — will fall on the responsibility of the county and stress the county budget, as the unincorporated areas do not have municipal governments.11 The cost of climate adaptations in the unincorporated areas of the county is estimated at about $86 million per year, or about 60% o. [...] Adaptation costs in the unincorporated areas of the county — areas that do not have a local municipal government — will fall on the county itself, ballooning Los Angeles County’s climate adaptation costs through 2040 to about $1.5 billion, or to about $86 million annually, which is roughly 60% of the county’s yearly municipal services budget.35 The state will be responsible for $781 million and th. [...] Lastly, building type is based on the Homeland Security buildings database29 and the Department of Housing and Urban Development public housing database.30 Each building within the inventory is assigned a building type from the Department of Energy (DOE) energy models in order to inform the energy, install, and upgrade calculations.