Not exact matches
But there is something profoundly troubling about speculators in Puerto Rican debt reaping windfalls even as
estimates of
hurricane damage are revised up, tax reform legislation undermines Puerto Rican competitiveness, out - migration increases, political cleavages increase, layoffs
from the public sector are set to increase and outside observers become more pessimistic about Puerto Rico's economic prospects.
Estimates for longer - term rebuilding costs will take weeks or month to prepare, but the magnitude of the disaster could rival or exceed the
damage from Hurricane Katrina in 2005, which cost taxpayers $ 110 billion.
New York Governor Andrew Cuomo
estimates that the statewide
damage from Hurricane Sandy could be as much as $ 33 billion.
Ecologist Jeffrey Chambers of Tulane University in New Orleans, Louisiana, and his colleagues used data on
hurricanes and the
damage they have caused to
estimate the total loss of biomass in US forests for every year
from 1851 to 2000.
Pressure and wind speed have been used interchangeably to
estimate potential
damage from hurricanes for years, but the relationship between them has been a long - standing riddle in tropical meteorology.
Between the shutdown of oil refineries and chemical plants, impaired roads and ports, and widespread
damage to homes, businesses and cars, the economic toll
from Hurricane Harvey is now being
estimated as the second - costliest natural disaster in U.S. history, trailing only the devastation caused by
Hurricane Katrina in 2005.
The National Oceanic and Atmospheric Administration (NOAA)
estimates that
Hurricane Sandy caused
damages of over $ 70 billion, and projected
damages from Hurricane Harvey total $ 125 billion [4].
Climate models in 2005
estimated a 30 % increase in wind
damage from hurricanes, and more / larger
hurricanes.
Looking ahead, I collaborated with Yale economist Robert Mendelsohn and his colleagues in
estimating global
hurricane damage changes through the year 2100, based on
hurricanes «downscaled»
from four climate models.
Preliminary property loss
estimates in Florida
from Hurricane Irma, total insured and uninsured loss for both residential and commercial properties, including
damage from both flood and wind, is
estimated to be between $ 42.5 billion and $ 65 billion.