From NOT A LOT OF PEOPLE KNOW THAT
By Paul Homewood
Roger Pielke Jr has updated his disaster database:
Last year, according to Munich Re, weather related disasters cost $298 billion, which they naturally blame on climate change. Noteworthy however is the fact that Swiss Re disagree, identifying economic development as the main driver of increasing economic losses.
Roger’s full analysis is worth reading, but the chart below tells the real story:
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