Climate-exacerbated wildfires are estimated to cost the United States between $394 billion to $893 billion each year in economic costs and damages, a number that is considerably higher than existing estimates.
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Climate Change Added $8 Billion to Sandy’s Damages, Study Says
Climate change-triggered sea level rise added $8 billion in damage during 2012′s Superstorm Sandy, one of nation’s costliest weather disasters, a new study said. During Sandy — a late fall freak combination of a hurricane and other storms that struck New York and surrounding areas — the seas were almost 4 inches (9.6 centimeters) higher… Continue reading Climate Change Added $8 Billion to Sandy’s Damages, Study Says
Climate Change Making East Coast Vulnerable to Most Terrifying Hurricanes, Study Says
Climate change is making the east coast more vulnerable to rapidly intensifying hurricanes as storm-thwarting wind shear is reduced over the region, according to a study published this month in the journal Nature. The research builds on 2017 findings that a bubble of cooler ocean temperatures and lofty crosswinds protects the east coast when hurricanes… Continue reading Climate Change Making East Coast Vulnerable to Most Terrifying Hurricanes, Study Says
Aon Reports Risk Readiness Drops to Lowest Level in 12 Years
Economic and global trade concerns are challenging organizations’ ability to invest adequately in preparing for and protecting the continuity of their operations, according to findings from Aon’s 2019 Global Risk Management Survey. “Companies of all sizes are struggling to prioritize their risk management efforts amid so much change and uncertainty,” said Rory Moloney, chief executive… Continue reading Aon Reports Risk Readiness Drops to Lowest Level in 12 Years