In the past two years, hurricanes have devastated urban and rural communities from Puerto Rico to North Carolina, Florida, and American Samoa. Record-breaking and deadly wildfires have raged across Northern and Southern California, displacing families, destroying homes, and devastating communities. In the first three months of 2018 alone, the United States saw three disasters with damage topping $1 billion.
These two years of extreme weather are the latest in a sobering trend. Since 1980, the United States has suffered 238 weather- and climate-related disasters causing a billion dollars or more in damage. Billion-dollar events are growing markedly more frequent: Over the entire 37-year period between 1980 and 2017, the annual average number of such events was six, but in the past five years for which complete data are available, the annual average number of billion-dollar plus events (adjusted for inflation) nearly doubled to 11.6.
Showing posts with label State Future Funds. Show all posts
Showing posts with label State Future Funds. Show all posts
Friday, November 23, 2018
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