Bouwer and Botzen (2011) demonstrated that other
normalized records of total economic and insured
losses for the same series of
hurricanes exhibit no significant trends in
losses since 1900.»]-RSB-
Roger A. Pielke, Jr., of the University of Colorado, has a must - read article in The Wall Street Journal, «Hurricanes and Human Choice,» that sets
Hurricane Sandy and its impacts in the broader context of hurricane and climate history — and drawing on his invaluable work assessing such impacts when the losses are «normalized» — a process akin to adjusting economic analysis for i
Hurricane Sandy and its impacts in the broader context of
hurricane and climate history — and drawing on his invaluable work assessing such impacts when the losses are «normalized» — a process akin to adjusting economic analysis for i
hurricane and climate history — and drawing on his invaluable work assessing such impacts when the
losses are «
normalized» — a process akin to adjusting economic analysis for inflation.
The increasing
normalized trends in the U.S. were evident in convective storms, winter storms, flooding events and high temperature - related
losses, and were almost statistically significant for
hurricanes at the conventional 95 percent confidence level.3 In view of data like this, it's very hard to accept Pielke's confident assertion that «[n] o matter what President Obama and British Prime Minister David Cameron say, recent costly disasters are not part of a trend driven by climate change.»