More

Featuring fresh takes and real-time analysis from HuffPost's signature lineup of contributors
Paul Yeager

GET UPDATES FROM Paul Yeager
 

Hurricane Irene: Record-Breaking Billion-Dollar Disaster?

Posted: 08/27/11 10:44 AM ET

Between damage to infrastructure (buildings, boardwalks, mass transit systems, etc.), storm surge flood damage, fresh water flood damage (from heavy rain), beach erosion, and vehicular damage, it's possible that Hurricane Irene will be another billion-dollar-plus U.S. weather disaster.

I say "another" because it would be the record-breaking 10th such weather disaster of 2011. The previous high was nine in 2008. Irene would also raise the total of billion-dollar-plus weather disasters since 1980 to 109. (For more information, see the recent NOAA press release.)

Hurricane Katrina was the worst weather disaster, both in terms of the number of fatalities (1,833) and dollar damage ($133.8 billion) since these records have started.

The costly weather disasters to date have been primarily related to tornadoes and flooding (Irene is the first Atlantic basin hurricane of the season). The list also includes a massive winter blizzard in the central and eastern U.S. and the ongoing drought and heatwave (including wildfires) in the Southern Plains and Desert Southwest.

The financial damage of the 2011 events pales in comparison to the loss of life, however, and two of the tornado outbreaks this year were among the most deadly in U.S. history.

The most deadly of the year was the late-April tornado outbreak that hit the Southeast, Midwest, and Ohio Valley. The outbreak (an estimated 305 tornadoes) was responsible for 327 deaths, including 240 in Alabama when several major metropolitan areas were struck by tornadoes. Damage estimates are at $9 billion, the most costly disaster in terms of dollars this year to date.

The Midwest and Southeast tornado outbreak less than a month later included the most deadly single U.S. tornado since at least 1950; 141 people were killed in Joplin, Missouri, and 177 people were killed in the outbreak. The dollar value is estimated at $7 billion.

Tornadoes are exceptionally dangerous in terms of potential loss of life since there is often not enough warning for victims to be able to remove themselves from danger.

Let's hope that the ample warning and media coverage of Hurricane Irene means that we're only talking about dollar damage after the storm moves away, not loss of life.

 
 
 
 
 
  • Comments
  • 45
  • Pending Comments
  • 0
  • View FAQ
Comments are closed for this entry
View All
Favorites
Recency  | 
Popularity
Page: 1 2  Next ›  Last »  (2 total)
photo
jazgr8
Ok, I give up, you win.
11:00 PM on 08/27/2011
Mother Nature just loves to screw with our heads a few times a year, doesn't she?
Genders
Love, Tolerance, Enlightenment
08:24 PM on 08/27/2011
Let's see how the nuclear power plants survive, that could change the cost by a thousand times.
photo
modeforjoe
We had the experience, but we missed the meaning
07:55 PM on 08/27/2011
We get freaked out by a run of the mill storm, but don't give a damn about the destruction of our own democracy. There are big things, there are non-big things. There are things that have LASTING impacts, things that can be cleaned up with shovels, bulldozers and firehoses.

God bless America. Always able to put its concerns in the right place. All the time. Always.
12:20 AM on 08/28/2011
Was there even a point to this article? My guess is that the clean up from this storm will create more new jobs than the "Green Economy".

It is sad that some people died and that there has been property damage. However, I wonder if the same people freaking out about this storm ever think about the number of people killed by illegal alien gang bangers. Or the amount of money our economy loses each year to illegals.
HUFFPOST SUPER USER
William50
06:19 PM on 08/27/2011
WOW stating the known is always a great idea.
photo
Alwayspissedoffatsomeone
Fighting for Common Sense
05:34 PM on 08/27/2011
"I say "another" because it would be the record-breaking 10th such weather disaster of 2011. The previous high was nine in 2008. " -- Yeager


What was the amount of weather disasters in 1327? How about 1818? Maybe 458 BC or 6 AD?
photo
modeforjoe
We had the experience, but we missed the meaning
07:52 PM on 08/27/2011
YOU are Louis Black. Tell me it ain't so! Love your work.
12:54 AM on 08/28/2011
Well weather disasters back then would not have had such an adverse affect for the simple reason that there were no big cities like there are today, and way less population.
photo
Alwayspissedoffatsomeone
Fighting for Common Sense
11:44 AM on 08/28/2011
The issue is the event, not the impact. Weather "events" have been occurring throughout our history and because no one was here to record them doesn't mean they didn't occur, follow? The over dramatizing by this writer insinuates that WE have caused these events without a shred of evidence or facts to back them up.
This user has chosen to opt out of the Badges program
photo
04:43 PM on 08/27/2011
Nope. This thing is a dud, not much more than a summer storm.
maxfax
Taa - dah!
07:35 PM on 08/27/2011
Winds and storm surge can do significant damage, particularly with this hurricane, it's wide enough to destroy more than you're willing to admit.
been2there
Facts have a liberal bias.
03:12 PM on 08/27/2011
And how much would it cost to start switching to greener technology and controlling our carbon footprints? How many hurricanes will it take before our monetary losses outweigh any monetary gain from sticking our heads in the sand? Will those in power ever care about the human cost?
04:07 PM on 08/27/2011
Can't afford it, we're broke, cost benifit blaugh blaugh
09:03 PM on 08/27/2011
Wow you sound like a politician, and what green technology might you be talking about? None of them currently work very well, maybe in 10 to 20 years the technology might improve and head way is moving forward in lots of areas, but none work yet in mass production. So......
10:48 PM on 08/27/2011
We are giving welfare to the polluting energies, if we just stopped that the green energy would be more completive. The American people retooled rapidly to fight WW2 are Americans now too weak and lacking in resolve to rise to the occasion this time?
photo
whirlpool
founder walnut tree congregation
11:27 PM on 08/27/2011
Not in mass production--I beg to differ. Where I live wind farms are springing up all up and down the Columbia gorge. The farmers love them because of the extra revenue. Alas because the USA is too blasted backward to get serious about alternative energy, most of the turbines are made in other countries.
02:08 PM on 08/27/2011
But you're missing the flipside of disasters - they also create numerous economic opportunities for recovery and rebuilding. Those "billions of dollars in damage" are also billions of dollars going to contractors, construction and disaster mitigation crews, etc.
02:40 PM on 08/27/2011
Here you see the idiocy of liberals and "progressives." They actually think damage causes wealth. Hey, let's knock down all our buildings, then we'll be rich!

Please, liberals, please, read Henry Hazlett's "Economics in One Lesson." (Maybe you'll finally understand why destruction doesn't produce wealth. I know it's tough for you to figure that one out, but this will show you how.)
03:09 PM on 08/27/2011
Who said anything about this being liberal and progressive - or that destruction "produces wealth"? I'm just trying to make a point that often goes unnoticed in the media. I didn't say we had to "create" disasters. But when these events inevitably happen, there is a positive angle, too.

Heaven forbid you put aside the toxic political rhetoric for a second.
photo
HUFFPOST SUPER USER
Wendy Davis
Banned!
03:58 PM on 08/27/2011
What gives you the right to talk in such a manner? Who are you that you can size up an entire segment of your nation, your fellow countrymen with such a venomous characterization. What is your real problem? How is it you have such hatred for the opposition party that you would take the time to point it out in a weather-related article? I think there must be a contagious virus in this country, or maybe it is a vital mineral deficiency such as iron or potassium which has turned the thoughts of the people into that of third graders in a playground - The Bully. It's dispiccable what you say at a time when it is so unnecessary it flies in the face of rationality. What's your problem, watching too much KOCH NEWS? Divide - Conquer - Destroy.
12:32 AM on 08/28/2011
He's right. Cleaning up after Irene will create more jobs than the new "green economy".
02:04 PM on 08/27/2011
Facts schmacts. Gotta have cheap gas and cheap electricity no matter how many die or how many dollars it costs.. The only relevant fact is not having the government spend money on renewable energy and high speed trains. Man, that costs taxpayers and nobody is going to put up with that. The fossil fuels rule since they can afford to make sure they get to rule. Besides - like the tobacco industry once said - it saves on health care costs since it shortens lives.
photo
HUFFPOST SUPER USER
wayne the pain
01:49 PM on 08/27/2011
I love all these right wing state politicians who hate the federal government and taxes now begging for federal funds! They do it with a straight face! There is no hipocracy like a right wing reactionary fanatic! Take what you can and deny everyone else that which you have and want, that is the conservatives basic value!
02:41 PM on 08/27/2011
This is a favorite leftist trap: Set up a system that requires almost anyone in a given industry to rely on some form of federal largesse in order to survive, and then, if any such person dares to espouse conservative politics, or advocate government cutbacks, relentlessly attack that person (as a hypocrite) for availing themselves of that largesse.

The most despicable version of this stratagem is the attack that liberals and leftists launch on some senior citizens, who dare to accept social security and Medicare, and then also dare to espouse conservative politics. Well, shame on you liberals! It's like telling slaves of the Old South that they have no right to claim their freedom, or complain about their treatment, because they accepted the housing and food provided by their masters. Admittedly the analogy is extreme, but the same principle applies: people do not forfeit their right to an opinion, or become “hypocrites,” because they were forced into certain practices that may be at odds with that opinion.
been2there
Facts have a liberal bias.
03:14 PM on 08/27/2011
Nice try. States can certainly plan for disasters. As a nation, we can and should help each other, and pointing out that some people want to take but not give is hardly a trap.
photo
whirlpool
founder walnut tree congregation
11:33 PM on 08/27/2011
This is some of the most convoluted degen "thinking" I have seen in some time. You must be so proud.
HUFFPOST SUPER USER
A dean89
01:39 PM on 08/27/2011
Hurricane is a common disaster in the US right?
03:10 PM on 08/27/2011
Sure. We get two or three every week, year-round. The ones in the Upper Midwest are particularly rough.
photo
whirlpool
founder walnut tree congregation
11:34 PM on 08/27/2011
Good satire. Most of the degens around here don't know the difference between a hurricane, a typhoon, a waterspout, a tornado or a dust devil.
photo
timetraveler2039
Choose peace.
01:09 PM on 08/27/2011
Isn't there a hedge fund manager out there somewhere betting on the losses due to this storm?
12:49 PM on 08/27/2011
Oh my gosh, you mean hurricanes destroy wealth? Let me give you a a glass half full, maybe it's a record, because we progressively get richer according to insurance companies and real estate brokers? A billion just doesn't buy as much as it used to.
This user has chosen to opt out of the Badges program
gutenmorgen
a.k.a. poopdeck
12:31 PM on 08/27/2011
The high cost of Katrina was not due to the hurricane but to the stupid levee constructions in and around the city of New Orleans.
garystartswithg
el sueno de la razon produce republicans
10:52 AM on 08/27/2011
Lets wait and see what it costs after the fact. Chances are good we will all be paying for Wall Street again, and again, and again. All those day traders in Ct are going to need roof repairs and a new mercedes to help them cope. Get Bernanke on the phone. Time for the trickle up socialisms.