Extreme weather events cost Americans hundreds of billions of dollars this year
The IndependentSign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Extreme weather events in 2024 will ultimately cost Americans more than $500 billion in total damage, according to a new estimate from AccuWeather. That steep sum comes after a year filled with extreme weather events — which have become increasingly commonplace across the U.S. — that often had deadly consequences. “This was one of the most destructive and expensive hurricane seasons in modern history.” “The impacts of extreme weather have taken a major financial and emotional toll on millions of Americans this year. Now, a new estimate says extreme weather events this year will cost the country more than $500 billion in total damage and loss ) As of November 1, there were 24 confirmed weather and climate disaster events with losses exceeding $1 billion, including two winter storms, a wildfire, four tropical cyclones, and 17 severe storms.