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Weather disasters cost U.S. $306 billion in 2017

By Chris Mooney

Hurricanes Harvey, Irma and Maria combined with devastating western wildfires and other natural disasters to make 2017 the most expensive year on record, the National Oceanic and Atmospheric Administration reported Monday.

The disasters caused $306 billion in total damage in 2017, with 16 separate events causing more than $1 billion in damage each.
“2017 was a historic year for billion dollar weather and climate disasters,” said Adam Smith, an economist for NOAA, on a press call with reporters.

The record-breaking year raises concerns about the effects of future natural disasters, as scientists fear climate change could make extreme weather events more damaging in the future.

Hurricane Harvey, which included extreme flooding in Houston and the surrounding area in August and September, caused $125 billion in damage, the year’s most expensive disaster. Hurricane Maria, which in September set off a fatal and ongoing humanitarian crisis in the U.S. territory of Puerto Rico and elsewhere, caused $90 billion in damages. Hurricane Irma hit Florida in September and caused $50 billion in total damages, NOAA reports.

The storms also caused 251 combined deaths, the report found. According to Smith, hurricanes Harvey, Irma, and Maria now join 2005’s Katrina and 2012’s Sandy among the top five most costly U.S. hurricanes on record.

Western wildfires cost $18 billion and caused 54 deaths, the report found. Other large costs came from tornadoes, droughts, severe weather events, flooding and other causes.

The previous most expensive year in history was in 2005, when disasters – including Hurricane Katrina – caused $215 billion in U.S. damage when adjusted for inflation. NOAA’s record of billion-dollar natural disasters goes back to 1980.

According to NOAA, there have been 215 U.S. disaster events costing $1 billion or more since the year 1980, for a total of more than $1.2 trillion in damages. 2017 tied 2011 for the largest total number of such events, at 16.

One key question is to what extent climate change may be driving the U.S. towards more numerous or more severe disasters.

NOAA experts demurred on this question on a media call, declining to apportion how much of the large damage could be attributed to a changing climate, as opposed to other factors. One key confounding factor that is also known to be worsening damage is that there is more valuable infrastructure, such as homes and businesses, in harm’s way - lying along coastlines or in areas vulnerable to wildfire.

“For the purposes especially of this product, we do not try to parse those apart,” said Deke Arndt, chief of the monitoring section at NOAA’s National Centers for Environmental Information. “We’re more interested in quantifying what’s going on. Both the economists and physical scientists will retrospectively look at that, but those sort of happen at the speed of science.”

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