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Monday, 24 June 2013 14:57

CHARTS: You Won't Believe How Much Disasters Cost Last Year

2012 was the second-worst year on record for extreme weather events, both in number and in cost, according to a tally released this morning by the National Oceanic and Atmospheric Administration. Eleven major events—including tornadoes, wildfires, droughts, and hurricanes—racked up a collective bill of over $110 billion, with cropland damage from drought in the Midwest ($17.36 billion in crop insurance payments alone) and Hurricane Sandy, with a $60 billion price tag, as the most expensive items.

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http://www.motherjones.com/blue-marble/2013/06/2012-ranks-second-billion-dollar-disasters