The Most Expensive Hurricane to Hit the US in This Decade Cost Nearly $120 Billion
Briefly

from 24/7 Wall St.1 week ago
Weather events in the U.S. are growing increasingly severe, with the number of billion-dollar disasters rising dramatically from 3.3 events annually in the 1980s to an alarming 22 events per year over the last three years.
24/7 Wall St.https://247wallst.com/weather/2024/09/10/the-most-expensive-hurricane-to-hit-the-us-in-this-decade-cost-nearly-120-billion/
The financial toll of weather disasters has escalated significantly, from around $22 billion annually in the 1980s to nearly $145 billion each year since 2020, indicating a worsening trend that communities must prepare for.
24/7 Wall St.https://247wallst.com/weather/2024/09/10/the-most-expensive-hurricane-to-hit-the-us-in-this-decade-cost-nearly-120-billion/
In the recent decade, events like droughts, tropical cyclones, and wildfires have not only increased in frequency but have also started causing unprecedented levels of economic damage, underscoring the financial imperatives of addressing climate change.
24/7 Wall St.https://247wallst.com/weather/2024/09/10/the-most-expensive-hurricane-to-hit-the-us-in-this-decade-cost-nearly-120-billion/
The analysis of NOAA data shows a broad array of destructive weather events, asserting the urgent need for improved infrastructure and disaster readiness to mitigate the escalating risks posed by these natural disasters.
24/7 Wall St.https://247wallst.com/weather/2024/09/10/the-most-expensive-hurricane-to-hit-the-us-in-this-decade-cost-nearly-120-billion/
Read at 24/7 Wall St.
#weather-disasters #climate-change #economic-impact #environmental-science #natural-events
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