Government Information

Earl Gregg Swem Library

Potential Increases in Hurricane Damage in the United States: Implications for the Federal Budget

Categories: Climate Change,Environment,Federal State Relations,Govt Finance,Weather/Disasters

https://www.cbo.gov/sites/default/files/114th-congress-2015-2016/reports/51518-Hurricane-Damage.pdf

Damage from hurricanes is expected to increase significantly in the coming decades because of climate change and coastal development.  This report provides estimates of the increased damage and federal aid needed.  It also examines 3 approaches to reducing the damage: limiting greenhouse gas emissions, shifting costs to state/local governments to reduce coastal development, and investing in structural changes to reduce vulnerability.  From the Congressional Budget Office.