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More re Climate Change

January 10, 2013

The economics of likely changes and questions about emergency management for future events have been discussed in several recent articles:

Economist Joseph Stiglitz recently announced that he believes climate change is the most important issue facing the U.S. economy today. Certainly, climate change is serious global issue, but how exactly will it affect the U.S. economy? What follows are some statistics on climate change’s impact on the U.S. economy, gathered primarily from non-governmental organizations that deal with climate-change issues.

Who should pay the costs of climate disasters?  In light of the current debate in the United States about federal assistance to Hurricane Sandy victims and the recent debate at the recent Doha Climate Conference about international assistance for climate change victims, that has become an increasingly pressing question for
humankind.

The frequency and cost of natural disasters is rapidly increasing. Since the 1980s the number of billion-dollar natural disasters in the United States has tripled from two to six.  In 2011 there were 14 separate $1 billion-plus weather events and losses topped $60 billion.  This year Hurricane Sandy alone will exceed that total.

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