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Chapter 10 : Guarding People and Property against Natural Hazards

By National Oceanic and Atmospheric Administration

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Book Id: WPLBN0000679274
Format Type: PDF eBook
File Size: 749.48 KB.
Reproduction Date: 2005
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Title: Chapter 10 : Guarding People and Property against Natural Hazards  
Author: National Oceanic and Atmospheric Administration
Volume:
Language: English
Subject: Science., Ecology & environment, National Oceanic and Atmospheric Administration (U.S.)
Collections: National Oceanographic Data Center
Historic
Publication Date:
Publisher: Government Reference Publication

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And Atmospheric Administration, N. O. (n.d.). Chapter 10 : Guarding People and Property against Natural Hazards. Retrieved from http://www.worldjournal.org/


Excerpt
Excerpt: ASSESSING THE GROWING COST OF NATURAL HAZARDS. The nation has experienced enormous and growing losses from natural hazards. Conservative estimates, including only direct costs such as those for structural replacement and repair, put the nationwide losses from all natural hazards at more than $50 billion a year, though some experts believe this figure represents only half or less of the true costs. More accurate figures for national losses due to natural hazards are unavailable because the United States does not consistently collect and compile such data, let alone focus on specific losses in coastal areas. Additionally, there are no estimates of the costs associated with destruction of natural environments. Between 1967 and 1996, insurance payouts (which cover only a small portion of losses) rose steadily from $1 billion between 1967 and 1971, to $61 billion between 1992 and 1996, roughly doubling every five years (Figure 10.1). While stricter building codes, improved forecasts, and early warning systems have helped save lives, deaths from natural hazards are expected to rise along with development and population along the nation?s coasts. Climate change may increase storms and sea-level rise, making the coastal zone even more vulnerable.

 
 


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