Compare that to 40 years ago, when extreme weather episodes that cost an inflation-adjusted $1 billion happened once every four months on average.
As of November 8, there have been 25 weather and climate disasters with losses exceeding $1 billion, according to the National Oceanic and Atmospheric Administration.
The National Climate Assessment report’s estimate of the total annual cost of climate change in the United States takes those factors into account.
$150 billion at glanceIt may be hard to appreciate the value of $150 billion without anything to compare it to.
The $150 billion annual cost of extreme weather in the damage to the US is:
Persons:
Tatyana Deryugina
Organizations:
New, New York CNN, National Oceanic, Atmospheric Administration, National Centers for Environmental, NOAA, MIT’s Center, Real, Hurricanes, University of Illinois, CNN
Locations:
New York, United States, Hawaii, University of Illinois Urbana, Champaign