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Hurricane Michael

Jack Hays said:
Cost of damage declining.

[FONT="][B]Tracking Progress on the Economic Costs of Disasters Under the Indicators of the Sustainable Development Goals, Environmental Hazards.[/B][/FONT][/COLOR]
[COLOR=#404040][FONT="]https://www.tandfonline.com/doi/full/10.1080/17477891.2018.1540343[/FONT]
[FONT="][B]Abstract:[/B][/FONT][/COLOR]
[COLOR=#404040][FONT="]The Sustainable Development Goals indicator framework identifies as an indicator of progress the objective of reducing disaster losses as a proportion of global gross domestic product. This short analysis presents data on this indicator from 1990. In constant 2017 US dollars, both weather-related and non-weather related catastrophe losses have increased, with a 74% increase in the former and 182% increase in the latter since 1990. However, since 1990 both overall and weather/climate losses have decreased as proportion of global GDP, indicating progress with respect to the SDG indicator. Extending this trend into the future will require vigilance to exposure, vulnerability and resilience in the face of uncertainty about the future frequency and magnitude of extreme events.[/FONT]


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Your source is not credible. NOAA data shows just how wrong they are:

https://www.ncdc.noaa.gov/billions/time-series

BillionDollarDisasterEvents.jpg
 
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[h=1]New paper shows no climate trend in hurricane damage losses[/h][FONT=&quot]Dr. Roger Pielke Junior writes: Our major update to the CONUS normalized hurricane loss dataset has now been published, after several years of effort and an intensive review process by Nature Sustainability. Weinkle et al. 2018.Normalized hurricane damage in the continental United States 1900–2017, Nature Sustainability. https://www.nature.com/articles/s41893-018-0165-2 Abstract. Direct economic losses result when a hurricane encounters…
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