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   Paul Chambers🚧 (paul@oldfriends.live)'s status on Monday, 07-Oct-2024 03:59:27 JST Paul Chambers🚧

   In 2022, there were 18 separate billion-dollar COASTAL weather and climate disasters. The total cost for these events was over $165 billion, making this the third most costly year on record, behind 2017 and 2005. The annual costs from billion-dollar disasters has exceeded $100 billion in five of the last six years (2017 to 2022), with 2019 being the only exception. The total cost for the last seven years (2016 to 2022) exceeds $1 trillion.

   This can't be sustained.

   https://coast.noaa.gov/states/fast-facts/hurricane-costs.html

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     Paul Chambers🚧 (paul@oldfriends.live)'s status on Monday, 07-Oct-2024 03:59:27 JST Paul Chambers🚧

     in reply to

     2/ to be clear, I'm not attacking people that live in coastal areas. Just making an observation that things are getting worse and the middle class and poor in these areas are the ones going to hurt the most as they don't have the resources needs to protect themselves. Florida just allowed 600k insurance policies leave the 'insurance of last resort' & pushed them into the marketplace.

     I actually have empathy for these people and dread the next decade of storms If the pattern sticks