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US Pays Rising Costs for Climate s Flood Damage - The Good Men Project

Floods, resilience, infrastructure protection, disasters | Homeland Security Newswire

Published 2 March 2021 Flooding has caused hundreds of billions of dollars in damage in the U.S. over the past three decades. Researchers found that 36 percent of the costs of flooding in the U.S. from 1988 to 2017 were a result of intensifying precipitation, consistent with predictions of global warming. In a new study, Stanford researchers report that intensifying precipitation contributed one-third of the financial costs of flooding in the United States over the past three decades, totaling almost $75 billion of the estimated $199 billion in flood damages from 1988 to 2017. The research, published Jan. 11 in the journal  Proceedings of the National Academy of Sciences, helps to resolve a long-standing debate about the role of climate change in the rising costs of flooding and provides new insight into the financial costs of global warming overall.

Stanford Study Says Climate Change Has Cost U S Taxpayers $75B

UpdatedMon, Jan 25, 2021 at 6:17 pm PT Reply The study estimates blames climate change for more than a third of the estimated $199 billion in damages caused by floods related to climate change from 1988 to 2017, the report aid. (Shutterstock) STANFORD, CA Flood damage attributed to climate change over a period of three decades has cost the United States nearly $75 billion according to a Stanford study released earlier this month, Stanford News reports The study estimates blames climate change for more than a third of the estimated $199 billion in damages caused by floods related to climate change from 1988 to 2017, the report aid. The study was published Proceedings of the National Academy of Sciences Jan. 11.

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