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1. Aral Balkan (aral@mastodon.ar.al)'s status on Tuesday, 26-Sep-2023 03:47:46 JST Aral Balkan

   in reply to

   • Leo
   • Peter du Toit

   @peterdutoit @leodurruti And maybe… Just maybe… It’s not all about the bloody GDP!

   (I mean, it’s the Economist so I get it; it’s the only language they understand, but c’mon!)

   • Peter du Toit (peterdutoit@mastodon.green)'s status on Tuesday, 26-Sep-2023 03:47:47 JST Peter du Toit

     What a fascinating turn of events.

     "Losses as a proportion of GDP have kept stable over the past four decades. But there are big local exceptions: last year hurricane damage cost Florida between 7.5% and 10% of the state’s GDP."

     https://www.economist.com/leaders/2023/09/21/climate-change-is-coming-for-americas-property-market

     #ClimateLiteracy #ClimateCrisis #Insurance #Risk