Scientists warn about America's ongoing billion-dollar issue: '[It's] causing the most harmful effects'
- Last update: 1 days ago
- 3 min read
- 786 Views
- BUSINESS
Last year ranked as the fourth-most expensive and eighth-deadliest year on record for weather and climate events in the United States that caused damages exceeding one billion dollars. Only 2023 surpassed it in terms of costly extreme weather occurrences.
Two years prior, the U.S. had set a record with 28 extreme events resulting in at least $1 billion in damages each. The year 2024 nearly matched that level, according to an updated report from the National Oceanic and Atmospheric Administrations National Centers for Environmental Information (NCEI).
Among the most destructive events was Hurricane Helene, which inflicted severe damage and significantly affected numerous communities. The Category 4 hurricane struck Floridas Big Bend region with sustained winds of 140 miles per hour near Perry, Florida. It later caused devastating flooding across the southern Appalachian Mountains, with western North Carolina suffering major impacts. Helene claimed 219 lives and caused nearly $80 billion in damages, making it the deadliest and costliest billion-dollar disaster of 2024.
Helene was one of five tropical cyclones included in the NCEIs list of billion-dollar disasters. Overall, 27 events made the list, including six tornado outbreaks and 11 severe weather or hail incidents. According to NCEI, these disasters collectively resulted in at least 568 direct or indirect fatalities, marking the eighth-highest total for billion-dollar disasters over the last 45 years (19802024), with cumulative costs around $182.7 billion.
The growing frequency of such disasters is alarming. Since 1980, NOAA has tracked 403 billion-dollar weather and climate events in the U.S., causing over $2.915 trillion in total damages. The first half of 2025 continued this trend, with 14 separate billion-dollar disasters in the first six months, totaling $101.4 billion in damages.
The years first disaster was also the most expensive: Januarys Los Angeles wildfires, which became the costliest wildfire on record, indirectly claiming 400 lives and causing over $61 billion in damage.
The rise in billion-dollar disasters underscores the intensified impact of climate change on extreme weather. Researchers from non-profit Climate Central note that the average number of these disasters per year has increased from roughly three in the 1980s to 19 annually over the last decade. Inflation-adjusted costs have quadrupled, from $22.6 billion per year in the 1980s to $102 billion per year in the 2010s.
Efforts to reduce the frequency and severity of such costly events focus on mitigating global warming. Measures such as installing solar panels, upgrading HVAC systems to heat pumps, and using tankless water heaters can reduce energy costs and greenhouse gas emissions, helping curb the financial and human toll of extreme weather.
Author: Benjamin Carter
Share
Do flies actually regurgitate on your food when they land on it?
17 minutes ago 2 min read BUSINESS
The Coca-Cola's Forgotten Soft Drink from World War II
19 minutes ago 3 min read BUSINESS
'Miraculous' escape as car crashes into pub
26 minutes ago 2 min read BUSINESS
FDA investigation of WHOOP poses difficulties for specialized wearable device manufacturers
29 minutes ago 3 min read BUSINESS
We let down Gen Z on social media – we must not let them down on AI as well
31 minutes ago 4 min read BUSINESS
Investigators from India and the US to hold meeting next week regarding Air India crash, according to Bloomberg News
32 minutes ago 1 min read BUSINESS
Thousands of Crayola Toys Recalled Nationwide Due to Safety Concerns for Children's Lives and Health
33 minutes ago 2 min read BUSINESS
Alarming Study Shows Individuals Addicted to AI Are at Higher Risk of Mental Distress
35 minutes ago 2 min read BUSINESS
Layoffs are a painful and personal reality for small businesses struggling with rising costs.
36 minutes ago 3 min read BUSINESS
Jewellery sellers fined for selling rings without hallmarks
38 minutes ago 2 min read BUSINESS