Monday, August 31, 2020

Cost of extreme weather quadruples in 40 years

[And that's in inflation-adjusted terms]


 From Inside Climate News

A new analysis commissioned by the nonprofit advocacy organization Environmental Defense Fund that looks at the cost of climate-linked natural disasters details how the financial impacts of fires, tropical storms, floods, droughts and crop freezes have quadrupled since 1980. 

The number of extreme weather disasters has more than doubled in 40 years.



And the cost has quadrupled



[This is just a quick summary.  You can read the full article here.]


It's becoming clearer and clearer that the costs of climate change and global heating are beginning to far exceed the costs of preventing further climate change.  As global temperatures rise, the costs will rise too--exponentially.

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