January 12, 2022
2 mins read

Weather disasters cost US $145bn in 2021

Winter storms followed their tropical counterparts, causing $24 billion in damage. Severe storms and wildfires cost the country $20.4 billion and $10.6 billion, respectively….reports Asian Lite News

A total of 20 weather events occurring in the US in 2021 that were chronicled by the US National Centers for Environmental Information (NCEI) collectively cost the country at least $145 billion.

Each of those climate or weather events individually led to losses of at least $1 billion and they in all contributed to the deaths of 688 people across the US, showing that “we’re not going to be able to adapt our way out of the increasingly violent climate,” said the agency in its report released on Monday.

Tropical storms had by far the largest economic impact in 2021, causing $78.5 billion in damage; of that, $74 billion alone came from Hurricane Ida, with the storm leaving a trail of destruction from Louisiana to New York, according to the report.

Winter storms followed their tropical counterparts, causing $24 billion in damage. Severe storms and wildfires cost the country $20.4 billion and $10.6 billion, respectively.

The deadliest weather event of 2021 was the drought and series of heat waves that rippled across the West, killing 229 over the course of the year, Xinhua news agency reported.

“There was no shortage of apocalyptic weather disasters plaguing the US in 2021, from pipe-bursting freezes in Texas to road warping heat in the Pacific Northwest to an endless parade of wildfires mixed in for good measure,” said Gizmodo, a US design, technology, science and science fiction website, while reporting about the NCEI data.

Those figures are made even worse when put in context with previous years. The 20 weather events costing more than $1 billion in 2021 far eclipsed the average of roughly seven similar weather events annually between 1980 and 2021.

“Of the 310 weather events topping $1 billion in damage recorded over the past 41 years, 2021 alone accounted for over 15 per cent of them,” Gizmodo cited NCEI.

In just the past five years, weather and climate disasters cost the US economy $742.1 billion and left some 4,519 people dead. The staggering toll reflects a few trends. One is an increasingly violent climate where heat waves are more intense, hurricanes can do more damage, and wildfires are more voracious due to burning fossil fuels.

“Climate change is also playing a role in the increasing frequency of some types of extreme weather that lead to billion-dollar disasters,” the authors of the NCEI report noted.

“Most notably the rise in vulnerability to drought, lengthening wildfire seasons in the western states, and the potential for extremely heavy rainfall (are) becoming more common in the eastern states.”

ALSO READ: Ship hijacking: India working on to secure release of its 7 nationals

Previous Story

‘Fed could start to shrink balance sheet later this year’

Next Story

N Korea launches second ballistic missile into East Sea

Previous Story

‘Fed could start to shrink balance sheet later this year’

Next Story

N Korea launches second ballistic missile into East Sea

Latest from USA

Trump Doubles Down On Hormuz Control Claim

US President Donald Trump has claimed the Strait of Hormuz “belongs” to the United States Navy, describing US maritime measures against Iran as a “wall of steel”….reports Asian Lite News Desk US

Rubio Says Free Trade Era May Be Over

US Secretary of State Marco Rubio says broad free trade agreements are unlikely to return soon, as Washington shifts towards reciprocal bilateral trade arrangements….reports Asian Lite News Desk US Secretary of State

Beyond tariffs, India courts American capital

India is courting US investors and companies for greater capital, manufacturing and technology partnerships as Washington and New Delhi continue difficult bilateral trade negotiations…reports Asian Lite News Desk India is stepping up

Asia Wants Alaska Gas

JD Vance says Alaska’s long-delayed gas pipeline will move ahead, citing Asian demand, despite South Korea warning that its investment remains under review….reports Asian Lite News Desk US Vice President JD Vance

Trump puts Canada talks on ice

President Trump says he is in no rush to restart US-Canada trade talks, accusing Ottawa of unfair treatment as tariff tensions continue…reports Asian Lite News Desk US President Donald Trump has said
Go toTop

Don't Miss

Biden unveils $1.75tn social spending framework

The framework seeks to impose new taxes on the largest

US: $5mn Reward for info on killers of Avijit Roy

On February 26, 2015, Roy and Ahmed were visiting Dhaka