November 3, 2012
THE GREAT Miami Hurricane of 1926 would cause $180 billion of damage if it were to strike today. Katrina cost $85 billion. Sandy is expected to cost $20 billion. Roger Pielke Jr., of the University of Colorado, argues that the U.S. has actually been extraordinarily lucky in recent years, contrary to alarmist statements by politicians eager to worsen fears related to global warming. Andrew Cuomo said this week, “I think at this point it is undeniable but that we have a higher frequency of these extreme weather situations and we’re going to have to deal with it.” He is wrong.
Pielke writes in the Wall Street Journal:
While it’s hardly mentioned in the media, the U.S. is currently in an extended and intense hurricane “drought.” The last Category 3 or stronger storm to make landfall was Wilma in 2005. The more than seven years since then is the longest such span in over a century. Read More »