2017: $306 Billion In Damages From Climate-Linked Disasters
The nation’s third-hottest year on record is now officially its costliest for billion-dollar natural disasters. Sixteen major climate- and weather-related catastrophes caused a record $306.2 billion in damages and killed at least 362 people in 2017 as the United States suffered its worst wildfire and hurricane seasons in modern history, according to a report released Monday by the National Oceanic and Atmospheric Administration. Hurricanes created the most damage, totaling $265 billion as Hurricanes Harvey, Maria and Irma racked up a respective $125 billion, $90 billion and $50 billion. Wildfires caused $18 billion in losses, tripling previous annual records. The new tally shattered the previous 2005 record of $215 billion, driven mostly by Hurricanes Katrina, Wilma and Rita.