Saturday, February 16, 2013

World Bank chief suggests that CO2 caused natural disaster costs to more than triple over the last 30 years

Climate change real economic risk, World Bank tells G20
The president of the World Bank on Saturday warned the finance chiefs of the world's leading economic powers that global warming is a real risk to the planet and already affecting the world economy in unprecedented ways.
He said failing to tackle the challenges of climate change risked having "serious consequences for the economic outlook".

"Damages and losses from natural disasters have more than tripled over the past 30 years," said Kim, giving as examples the $45 billion of losses from the 2011 floods in Thailand, whose effects "spread across borders disrupting international supply chains."
Flashback: Roger Pielke Jr.'s Blog: A Handy Bullshit Button on Disasters and Climate Change
With this post I am creating a handy bullshit button on this subject (pictured above). Anytime that you read claims that invoke disasters loss trends as an indication of human-caused climate change, including the currently popular "billion dollar disasters" meme, you can simply call "bullshit" and point to the IPCC SREX report.

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