A fiscal crisis is looming for many US cities, driven by factors that include climate change

A fiscal crisis is looming for many US cities, driven by factors that include climate change

By John Rennie Short, University of Maryland, Baltimore County Five years after the start of the COVID-19 pandemic, many U.S. cities are still adjusting to a new normal, with more people working remotely and less economic activity in city centers. Other factors, such as underfunded pension plans for municipal employees, are pushing many city budgets into the red. Urban fiscal struggles are not new, but historically they have mainly affected U.S…