Overpopulation Has Its Costs... By Brenda Walker
This just in from the climate debate: a group of atmospheric scientists and actuaries have found that the increasing billions of dollars in costs for hurricane damage do not come from worsening storms—but from the millions of additional people now living in affected areas.
For example, if the 1926 Greater Miami hurricane were to strike today, it would ring up losses costing $140-$157 billion, dwarfing Katrina's $81 billion.
Research showing the cost of hurricane damage has been doubling every 10-15 years was presented in the paper Normalized Hurricane Damage in the United States: 1900–2005 [Natural Hazards Review, February 8, 2008].
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