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The Frequency of Billion-Dollar Disasters in the U.S.

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frequency of expensive disasters in the u.s.

Frequency of Billion-Dollar Disasters in the U.S.

Wildfires on the Hawaiian island of Maui have had devastating effects on people, towns, and nature, and the final cost is nowhere near tallied. They are the latest of many climate disasters in the U.S.—and data shows that their frequency has been increasing.

These graphics from Planet Anomaly use tracking data from the National Oceanic and Atmospheric Administration (NOAA) to show the average number of days between billion-dollar weather disasters in the U.S. from 1980 to 2022.

Methodology

NOAA’s database examines billion-dollar weather and climate disasters in America. Total associated damages and costs for each event are adjusted for inflation using the 2023 Consumer Price Index (CPI).

Disasters are categorized as one of seven different types:

  • Drought: Prolonged dry spells resulting in water shortages and reduced soil moisture.
  • Flooding: Overflow of water inundating land usually due to intense rainfall or melting snow.
  • Tropical Cyclone: Intense rotating storm systems known as hurricanes.
  • Severe Storm: Includes windstorms and tornadoes, hail, lightning, and heavy precipitation.
  • Winter Storm: Heavy snow, freezing rain, and icy conditions impacting transportation and infrastructure.
  • Wildfire: Uncontrolled fires consuming vast areas of forests and vegetation.
  • Freezes: Sub-zero temperatures damaging crops and infrastructure, such as pipes or energy lines.

The average days between billion-dollar disasters are calculated from the start dates of adjacent events within a single year.

Days Between Billion-Dollar Disasters in the U.S. (1980‒2022)

Between 1980 and 2022, there were 155 total disasters in the U.S. that cost more than a billion dollars in damages when adjusted for inflation.

And when looking at the average number of days between these billion-dollar events within each year, we can see the decades becoming more and more costly:

YearAvg. Days Between Disasters
198060
1981113
198285
198366
198478
198548
1986104
1987N/A
1988N/A
198947
199074
199171
199244
199344
199454
199546
199673
1997111
199839
199964
200064
200130
200251
200334
200423
200547
200639
200735
200823
200933
201040
201116
201230
201330
201430
201536
201620
201713
201819
201918
202014
202118
202220

Back in the early 1980s, the average interval between these major disasters (within each year) was 75 days. Even more starkly, 1987 had no climate disasters that topped $1 billion in damages, while 1988 only had one.

Fast forward to 2022, and that average window has drastically reduced to a mere 20 days between billion-dollar disasters in the United States.

Breaking Down Billion-Dollar Disasters by Type

Of the 155 disasters tracked through 2022, the majority have been in the form of severe storms including tornadoes, windstorms, and thunderstorms.

charting breakdown of costly natural disasters in the u.s.

The worst severe storms include an outbreak of tornadoes in April 2011 across many central and southern states, with an estimated 343 tornadoes causing a total of $14 billion in CPI-adjusted damages. In August 2020, a powerful derecho—a widespread and intense windstorm characterized by straight-line winds—devastated millions of acres of crops across the Midwest and caused $13 billion in adjusted damages.

But the most expensive disasters so far have been hurricanes. Eight hurricanes top the inflation-adjusted damages charts, with Hurricane Katrina’s unprecedented devastation in 2005 leading with a staggering $194 billion.

Will the U.S. be prepared for more costly disasters going forward? And will climate change continue to accelerate the pace of weather disasters in the U.S. even more?

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This article was published as a part of Visual Capitalist's Creator Program, which features data-driven visuals from some of our favorite Creators around the world.

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Environment

Life Cycle Emissions: EVs vs. Combustion Engine Vehicles

We look at carbon emissions of electric, hybrid, and combustion engine vehicles through an analysis of their life cycle emissions.

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Life Cycle Emissions: EVs vs. Combustion Engine Vehicles

This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on real assets and resource megatrends each week.

According to the International Energy Agency, the transportation sector is more reliant on fossil fuels than any other sector in the economy. In 2021, it accounted for 37% of all CO2 emissions from end‐use sectors.

To gain insights into how different vehicle types contribute to these emissions, the above graphic visualizes the life cycle emissions of battery electric, hybrid, and internal combustion engine (ICE) vehicles using Polestar and Rivian’s Pathway Report.

Production to Disposal: Emissions at Each Stage

Life cycle emissions are the total amount of greenhouse gases emitted throughout a product’s existence, including its production, use, and disposal.

To compare these emissions effectively, a standardized unit called metric tons of CO2 equivalent (tCO2e) is used, which accounts for different types of greenhouse gases and their global warming potential.

Here is an overview of the 2021 life cycle emissions of medium-sized electric, hybrid and ICE vehicles in each stage of their life cycles, using tCO2e. These numbers consider a use phase of 16 years and a distance of 240,000 km.

Battery electric vehicle Hybrid electric vehicleInternal combustion engine vehicle
Production emissions (tCO2e)Battery manufacturing510
Vehicle manufacturing 9910
Use phase emissions (tCO2e)Fuel/electricity production261213
Tailpipe emissions 02432
Maintenance 122
Post consumer emissions (tCO2e)End-of-life -2-1-1
TOTAL 39 tCO2e47 tCO2e55 tCO2e

While it may not be surprising that battery electric vehicles (BEVs) have the lowest life cycle emissions of the three vehicle segments, we can also take some other insights from the data that may not be as obvious at first.

  1. The production emissions for BEVs are approximately 40% higher than those of hybrid and ICE vehicles. According to a McKinsey & Company study, this high emission intensity can be attributed to the extraction and refining of raw materials like lithium, cobalt, and nickel that are needed for batteries, as well as the energy-intensive manufacturing process of BEVs.
  2. Electricity production is by far the most emission-intensive stage in a BEVs life cycle. Decarbonizing the electricity sector by implementing renewable and nuclear energy sources can significantly reduce these vehicles’ use phase emissions.
  3. By recycling materials and components in their end-of-life stages, all vehicle segments can offset a portion of their earlier life cycle emissions.

Accelerating the Transition to Electric Mobility

As we move toward a carbon-neutral economy, battery electric vehicles can play an important role in reducing global CO2 emissions.

Despite their lack of tailpipe emissions, however, it’s good to note that many stages of a BEV’s life cycle are still quite emission-intensive, specifically when it comes to manufacturing and electricity production.

Advancing the sustainability of battery production and fostering the adoption of clean energy sources can, therefore, aid in lowering the emissions of BEVs even further, leading to increased environmental stewardship in the transportation sector.

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