When you tally it all up, costs from extreme weather events this decade are likely to end up at three quarters of a trillion dollars or more.
Since 1980, National Oceanic and Atmospheric Administration data show extreme weather events are starting to pile up with big impacts on people and property. And as the climate debate rages on in Washington, those are the kind of impacts that seem likely to catch the attention of politicians.Since the 1980s, the number of tropical depressions getting big enough to acquire a name has been growing pretty steadily –- systems receive names when they become strong enough to be tropical storms.
But the growth of extreme weather extends beyond hurricanes. An analysis of weather disasters that did more than $1 billion in damage from thefinds that such high-cost events are up markedly since the 1980s. For instance, there were seven freeze/winter storm events on the list in the 1980s, but only six in the current decade. But there were only seven severe storms on the 1980s list and 64 in the current decade.
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.
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