
Global warming hoaxers get smacked with truth.
Via Daily Caller:
Natural disasters did $330 billion worth of damage in 2017, mostly due to hurricanes smashing into the U.S. this fall, making last year the second costliest year for disasters since 2011, according to the reinsurance industry.
Insurers will pay out $135 billion for natural disasters, according to Munich Re, the most on record. Most of the monetary damages came from hurricanes Harvey, Irma and Maria, which hit U.S. and Caribbean islands in the fall. Hurricanes did $215 billion in damage.
While nominal costs of natural disasters — including hurricanes, fires and earthquakes — has grown over time, taking into account inflation and economic growth actually shows disaster costs have been trending down since 1990.
That’s according to research by the University of Colorado’s Dr. Roger Pielke, Jr., who’s spent years studying why natural disaster spending has increased despite no apparent trends in extreme weather.
