Merchants Of Panic. Data Reveal That Damages From Weather Have Not Risen
By P Gosselin on 8. June 2024
At the online Die Welt, science journalist Axel Bohanowski reports on: “How insurance companies and the media are misleading with weather disasters.”
The rise in property damage often gets blamed on climate change, especially by click-baiting media and greedy insurance companies.
But Bojanowski says it’s misleading to blame climate change, noting: “Global economy has grown by more than 400 percent since 1990, and so there’s a correspondingly greater amount of property. Moreover, the global population has risen by 3 billion people since the 1980s, thus a weather event hits more people and residential areas than before and so more damage is caused.”
Other factors driving up the amount of damage is inflation. Bojanowski reports: “Studies have been showing for a long time that this not much increase in damage is left when increased property values and inflation get deducted from the weather damages.”
https://notrickszone.com/2024/06/08/merchants-of-panic-data-reveal-that-damages-from-weather-have-not-risen/
