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September 16, 2019 10:44 am

Extreme Weather Events This Decade Have Cost America $750B

An anonymous reader quotes NBC News:An analysis of weather disasters that did more than $1 billion in damage from the National Centers for Environmental Information finds that such high-cost events are up markedly since the 1980s. (The dollar figures for the events were adjusted for inflation.) There have been 250 such events since 1980 and almost half them, 111, have occurred in the current decade. And the 2019 figure does not include any events after May, so Hurricane Dorian is not on the list yet. There were only 28 billion-dollar weather events in the 1980s. There is a wide range of events in that extreme weather calculation. Besides hurricanes, it includes floods, droughts, freezes, severe storms, wildfires and winter storms. And there are some trends in the data. For instance, there were seven freeze/winter storm events on the list in the 1980s, but only six (so far) in the current decade. But there were only seven severe storms on the 1980s list and 64 in the current decade... The 28 high-impact weather events in the 1980s cost a total of about $172 billion in inflation-adjusted dollars. But the current set of 111 storms this decade has cost a total of more than $761 billion dollars. Again, that does not include the costs of Dorian and of two other events on the list -- the March floods in the Midwest and May floods of the Southern Plains. When you tally it all up, the costs are likely to end up at three-quarters of a trillion dollars or more. And that's just for this decade. At this pace, the number seems all but certain to climb over the trillion-dollar mark in the 2020s. And then there are the human costs. The number of fatalities from these extreme weather events has largely been climbing -- from 2,800 in the 1980s to almost 5,200 this decade (again before Dorian's damage is added in).

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