Is Climate Change Increasing the Economic Cost of Disasters?
October 15, 2024
By Paul Homewood
A recent article in UnHerd by John Rapley, in the aftermath of Hurricane Milton, claimed that climate change has intensified extreme weather and increased the economic cost of weather disasters.
To quote:
“The American economy is ill-prepared for the rising frequency and intensity of such compound weather events. Of the 10 costliest extreme weather events to have ever happened in the US, six occurred in the last decade, the result of climate change intensifying weather patterns.”
https://unherd.com/newsroom/will-extreme-weather-events-break-the-us-financial-systemIs there any of evidence of this assertion though?
Far from Hurricane Milton being the storm of the century, as widely alleged in the media, it was no more than a middling Cat 3 storm, a run of the mill event as far as Florida is concerned. In terms of intensity, it ranked only 75th strongest in US recorded history.
https://notalotofpeopleknowthat.wordpress.com/2024/10/15/is-climate-change-increasing-the-economic-cost-of-disasters/#more-75930
