damages

Billion-Dollar Disasters | Earth Wise

October 5, 2023 By EarthWise Leave a Comment

By the end of August, the United States had already broken the one-year record for the number of weather and climate disasters that caused more than $1 billion in damage.

According to the National Oceanic and Atmospheric Administration, through August there had already been 23 billion-dollar disasters. The previous record of 22 had been set in 2020. The 23 this year racked up $58 billion in damages.

The unfortunate litany of events included two in August: Hurricane Idalia, which struck Florida’s Big Bend region and the Lahaina fire storm on Maui. Earlier in the year, winter storms in the Northeast, floods in California and Vermont, and 18 other severe storm events contributed to the record.

With a very active Atlantic hurricane season underway and the prospects for more wildfires in the west, it is likely that the record for billion-dollar disasters will climb even higher before the year ends.

The massive financial losses incurred this year highlight the need for more funding and attention to be directed toward climate resistance and adaptation. The NOAA report urges policymakers to invest much more in getting out ahead of disasters before they strike rather than only looking for ways to help communities to pick up the pieces after disaster has struck.

Congress is currently considering $16 billion in additional funding for FEMA to keep the agency functioning in this very trying year.

As climate change continues to contribute to more intense storms and larger and more frequent wildfires, the price of adaptation and recovery efforts is likely to continue to grow.

**********

Web Links

2023 has already broken the US record for billion-dollar climate disasters

Photo, posted August 31, 2023, courtesy of Spc. Christian Wilson / The National Guard via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio

The Cost Of Invasive Species | Earth Wise

May 7, 2021 By EarthWise Leave a Comment

A new study published in Nature has tried for the first time to put a price tag on the impact of invasive species. Researchers have been studying the effects of invasive species for decades, but it is a problem that has not really captured the attention of the public and policy makers.

According to the research by scientists at the French National Museum of Natural History, from 1970 to 2017, invasive species have cost the global economy at least $1.28 trillion dollars in damages and efforts to control them.

The team screened over 19,000 published papers, ultimately analyzing nearly 2,000 that detailed costs of various invasions at particular times. Annual costs roughly doubled every six years, reaching a yearly bill of $162 billion in 2017.

The five costliest invasive species are Aedes mosquitos, rats, cats, termites, and fire ants, collectively accounting for a quarter of the global damage.

Asian tiger mosquitos and yellow fever mosquitos alone accounted for $149 billion in damage to public health as they spread from country to country. Rats hitchhike on human boats and drive native species to extinction on islands around the world. Cats inflict damage primarily by their impact on native biodiversity. By some estimates, they kill a billion birds each year in the US alone. Termites, as they spread across the globe, wreak havoc on all sorts of infrastructure. Fire ants can feed on a variety of seedlings, from citrus to soybeans, reduce the size of grazing lands for livestock and bite and sting farm animals and humans.

The study shows invasive species are a massive problem that is getting worse.

**********

Web Links

Invasive Species Cost Billions of Dollars in Damages Annually, Researchers Find

Photo, posted March 29, 2012, courtesy of Aleksey Gnilenkov via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio.