The high cost of Irma and Harvey: $290 Billion

The high cost of Irma and Harvey: $290 Billion

From left to right, Hurricanes Katia, Irma and Jose.

"It's not just because we don't want our aircraft to get damaged, but it's also easier to resume operations once the airport reopens", said Ross Feinstein, a spokesman for American.

"Never seen anything like this in the modern record", Blake tweeted. Together, we will restore, recover and rebuild. We must make our energy grid more resilient with solar and wind technology-both of which are quick to begin producing energy after a disaster. "I don't like the term 'new normal, ' because we are in a time where the climate will be warming for the foreseeable future - at least, the next several decades", said Rood. Moody's figures depend heavily on how quickly the oil refining business in areas affected by Harvey and tourism business in areas affected by Irma recover following the storms. "You know, it varies from jurisdiction to jurisdiction". What really matters now is to come together as a community and focus exclusively on saving the lives of those affected by Harvey.

Blowing at a speed of 200 miles per hour, Hurricane Irma poses larger destruction to power supplies compared to the impact of Harvey in Texas.

In just a matter of weeks, two major storms that have been categorized as once in 500 years or even longer, major events have hit the United States. "This is why we ask and plead with people to be ready for multiple days, and unfortunately this is coming into reality". He says that Arizona drivers who are upset with their higher fuel prices should remind themselves to keep things in perspective. In the week before Harvey hit the Houston area, August 18-24, spending on gas was up 13.4 percent from the year-ago period, Chhabra noted.

"The period of damaging winds will last longer than normal".

AccuWeather President Joel Myers said in a statement Sunday that his firm estimates Irma's damages to cost about $100 billion and Harvey's $190 billion for a total of $290 billion.

The White House said Monday that President Donald Trump has not altered his views on climate change, despite scientists' warnings that Hurricanes Irma and Harvey, which recently ravaged portions of the United States, are evidence the warming global climate is making extreme weather worse. Congress isn't done with this issue. As Harvey and Irma demonstrate, doing nothing on climate change is a radically risky choice, one that comes with a price tag no one is happy to pay.

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