Hotter and Hotter…
The average U.S. temperature in 2017 was 54.6 degrees Fahrenheit—2.6 degrees above average—making it the third warmest year in 123 years of record keeping. Five states had their warmest year on record. Additionally, the five warmest years on record for the U.S. all have occurred since 2006. It stands to reason that these increases will continue each year going forward.
$7.3 Billion More Per Year
Factoring in potential changes in hurricane activity, the likely increase in average annual losses is expected to grow by $7.3 billion, bringing the annual price tag for hurricanes and other coastal storms to $35 billion.
Trillions Below the Sea
There is a 1-in-20 chance—twice as likely as an American developing melanoma—that by the end of this century, more than $1 trillion worth of coastal property will be below mean sea level or at risk of it during high tide.
If we continue on our current path, by the middle of this century, the average American will likely see 27 to 50 days over 90 degrees each year.