Since 2018, more than 50 severe weather events have caused losses exceeding $1 billion.
2. Severe weather events resulted in 262 deaths in 2020.
3. The entirety of seven Western states are currently under drought conditions.
4. Since 1980, weather and climate disasters have caused nearly $2 trillion in damages in the U.S.
This number has been rising over time. A 2°C rise in average temperatures could ultimately result $4.2 trillion in damage to global infrastructure. The bill would fund research aimed at improving the understanding of the threats and impact of extreme weather.
5. New York City experienced more rainfall in one hour in the wake of Hurricane Ida than Chicago averages in an entire month.
Nonetheless, storm water remediation is not a significant part of New York City’s Metropolitan Transportation Authority’s $54 billion capital plan. The bill would devote $8.7 billion for state and local assessments and projects to reduce the vulnerability of transportation assets to natural disasters.