Image:Extreme-weather-cost.gif

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[edit] Summary

Contents

Inflation-adjusted cost of extreme weather events worldwide

The cost of extreme weather is rising rapidly and is expected to reach 250 billion U.S. 2001 dollars per year by 2025. source data: IPCC, 2001. Some of the cost increase is due to added exposure such as building on the coast.

The best fit of 3,665 equations tried is: billions=5.687*10-55*eyear/15.52 with an adjusted R2=0.61. The next best adjusted R2 was 0.46. The 95% prediction confidence interval is shown in grey.

Please note that data from 1999 to present is not included.

[edit] Data set

As digitized from the large version of the source data:

1950 9 1951 0 1952 19 1953 2 1954 5 1955 0 1956 0 1957 0 1958 4 1959 8 1960 2 1961 3 1962 1 1963 9 1964 8 1965 11 1966 2 1967 1 1968 7 1969 3 1970 7 1971 12 1972 8 1973 16 1974 3 1975 8 1976 11 1977 0 1978 10 1979 3 1980 0 1981 20 1982 10 1983 2 1984 5 1985 10 1986 19 1987 32 1988 20 1989 27 1990 42 1991 50 1992 60 1993 26 1994 45 1995 44 1996 9 1997 60 1998 40

[edit] Software used

TableCurve 2D from Systat Software, Inc. was used to select the extrapolation formula and create the graph.

[edit] See also

an early revision
an early revision
another revision; please note that both of the graphs with 95% prediction confidence intervals are well within each others'.
another revision; please note that both of the graphs with 95% prediction confidence intervals are well within each others'.

[edit] Public domain by author

Public domain

I, the creator of this work, hereby release it into the public domain. This applies worldwide.
In case this is not legally possible,
I grant any entity the right to use this work for any purpose, without any conditions, unless such conditions are required by law.

James Salsman, [www.readsay.com/Extreme-weather-cost.gif]

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