The Impact of Climate Change on Hurricane Damages in the United States

This paper quantifies hurricane damage caused by climate change across the US. A damage function is estimated from historic hurricane data to measure the impacts at each location given the storm's strength. The minimum barometric pressure of e...

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Main Authors: Mendelsohn, Robert, Emanuel, Kerry, Chonabayashi, Shun
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
CO2
GCM
PP
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111104100332
http://hdl.handle.net/10986/3639
id okr-10986-3639
recordtype oai_dc
spelling okr-10986-36392021-04-23T14:02:11Z The Impact of Climate Change on Hurricane Damages in the United States Mendelsohn, Robert Emanuel, Kerry Chonabayashi, Shun APPLIED METEOROLOGY ATLANTIC HURRICANE ATLANTIC OCEAN ATMOSPHERE ATMOSPHERIC SCIENCE BAROMETRIC PRESSURE BUILDING CODES CALCULATION CATASTROPHIC INSURANCE CLIMATE CLIMATE CHANGE CLIMATE CHANGE DAMAGE CLIMATE CHANGE DAMAGES CLIMATE CHANGE ECONOMICS CLIMATE CHANGE IMPACT CLIMATE CHANGE PREDICTIONS CLIMATE CHANGES CLIMATE CONDITIONS CLIMATE DAMAGES CLIMATE DYNAMICS CLIMATE HAZARD CLIMATE MODEL CLIMATE MODELS CLIMATE SCENARIO CLIMATE SCENARIOS CLIMATE SYSTEM CLIMATE UNCERTAINTY CLIMATES CLIMATOLOGY CO2 COSTS OF CLIMATE CHANGE CYCLONE ACTIVITY DAMAGE ASSESSMENT DAMAGE FROM HURRICANES DAMAGES DEATH TOLL DISASTER DISASTER REDUCTION DISASTER RELIEF EARTHQUAKE ECONOMIC CONDITIONS ECONOMIC GROWTH EFFECT OF CLIMATE CHANGE EMISSION EMISSION PATH EMISSION SCENARIO EMISSIONS EMISSIONS PATH EMISSIONS SCENARIO EMISSIONS SCENARIOS EVACUATION EXTREME EVENT EXTREME EVENTS FATALITIES FLOOD FLOOD INSURANCE FLOODING FUTURE CLIMATE SCENARIOS GCM GENERAL CIRCULATION MODEL GENERATOR GLOBAL CLIMATE GLOBAL EMISSIONS GLOBAL WARMING GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS CONCENTRATIONS GREENHOUSE GAS MITIGATION HURRICANE HURRICANE CENTER HURRICANE DAMAGE HURRICANE FREQUENCY HURRICANE INTENSITY HURRICANES IMPACT OF CLIMATE IMPACT OF CLIMATE CHANGE INCOME INCREASE IN WIND SPEED INSURANCE COVERAGE INSURERS INTENSITY OF STORMS INTERGOVERNMENTAL PANEL ON CLIMATE CHANGE IPCC LAND USE MAJOR HURRICANES MAXIMUM WIND SPEED METEOROLOGY NATIONAL FLOOD INSURANCE NATURAL DISASTERS NATURAL HAZARDS POLICY MAKERS PP PRESENT VALUE PROBABILITY DENSITY PROBABILITY DISTRIBUTION PUBLIC ECONOMICS REAL ESTATE RISK ANALYSIS SCIENTISTS SEA LEVEL RISE SEA SURFACE TEMPERATURES SEA WALLS SENSITIVITY ANALYSES SEVERE STORMS SOCIAL AFFAIRS SOLAR RADIATION STORM STORM DAMAGE STORM DAMAGES STORMS TEMPERATURE TROPICAL CYCLONE TROPICAL CYCLONE ACTIVITIES TROPICAL CYCLONE ACTIVITY TROPICAL CYCLONES VULNERABILITY TO CLIMATE CHANGE WEATHER WEATHER FORECASTING WIND WIND DIRECTION WIND PATTERNS WIND SHEAR WIND SPEEDS This paper quantifies hurricane damage caused by climate change across the US. A damage function is estimated from historic hurricane data to measure the impacts at each location given the storm's strength. The minimum barometric pressure of each storm turns out to be a better indicator of damages than the traditional measure of maximum wind speed. A hurricane generator in the Atlantic Ocean is then used to create 5000 storms with and without climate change. Combining the location and intensity of each storm with the income and population projected for each location, it is possible to estimate a detailed picture of how hurricanes will impact each state with and without climate change. Income and population growth alone increase expected baseline damage from $9 to $27 billion per year by 2100. Climate change is expected to increase damage by another $40 billion. Over 85 percent of these impacts are in Florida and the Gulf states. The 10 percent most damaging storms cause 93 percent of expected damage. 2012-03-19T18:06:01Z 2012-03-19T18:06:01Z 2011-02-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111104100332 http://hdl.handle.net/10986/3639 English Policy Research working paper ; no. WPS 5561 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper North America United States
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic APPLIED METEOROLOGY
ATLANTIC HURRICANE
ATLANTIC OCEAN
ATMOSPHERE
ATMOSPHERIC SCIENCE
BAROMETRIC PRESSURE
BUILDING CODES
CALCULATION
CATASTROPHIC INSURANCE
CLIMATE
CLIMATE CHANGE
CLIMATE CHANGE DAMAGE
CLIMATE CHANGE DAMAGES
CLIMATE CHANGE ECONOMICS
CLIMATE CHANGE IMPACT
CLIMATE CHANGE PREDICTIONS
CLIMATE CHANGES
CLIMATE CONDITIONS
CLIMATE DAMAGES
CLIMATE DYNAMICS
CLIMATE HAZARD
CLIMATE MODEL
CLIMATE MODELS
CLIMATE SCENARIO
CLIMATE SCENARIOS
CLIMATE SYSTEM
CLIMATE UNCERTAINTY
CLIMATES
CLIMATOLOGY
CO2
COSTS OF CLIMATE CHANGE
CYCLONE ACTIVITY
DAMAGE ASSESSMENT
DAMAGE FROM HURRICANES
DAMAGES
DEATH TOLL
DISASTER
DISASTER REDUCTION
DISASTER RELIEF
EARTHQUAKE
ECONOMIC CONDITIONS
ECONOMIC GROWTH
EFFECT OF CLIMATE CHANGE
EMISSION
EMISSION PATH
EMISSION SCENARIO
EMISSIONS
EMISSIONS PATH
EMISSIONS SCENARIO
EMISSIONS SCENARIOS
EVACUATION
EXTREME EVENT
EXTREME EVENTS
FATALITIES
FLOOD
FLOOD INSURANCE
FLOODING
FUTURE CLIMATE SCENARIOS
GCM
GENERAL CIRCULATION MODEL
GENERATOR
GLOBAL CLIMATE
GLOBAL EMISSIONS
GLOBAL WARMING
GREENHOUSE
GREENHOUSE GAS
GREENHOUSE GAS CONCENTRATIONS
GREENHOUSE GAS MITIGATION
HURRICANE
HURRICANE CENTER
HURRICANE DAMAGE
HURRICANE FREQUENCY
HURRICANE INTENSITY
HURRICANES
IMPACT OF CLIMATE
IMPACT OF CLIMATE CHANGE
INCOME
INCREASE IN WIND SPEED
INSURANCE COVERAGE
INSURERS
INTENSITY OF STORMS
INTERGOVERNMENTAL PANEL ON CLIMATE CHANGE
IPCC
LAND USE
MAJOR HURRICANES
MAXIMUM WIND SPEED
METEOROLOGY
NATIONAL FLOOD INSURANCE
NATURAL DISASTERS
NATURAL HAZARDS
POLICY MAKERS
PP
PRESENT VALUE
PROBABILITY DENSITY
PROBABILITY DISTRIBUTION
PUBLIC ECONOMICS
REAL ESTATE
RISK ANALYSIS
SCIENTISTS
SEA LEVEL RISE
SEA SURFACE TEMPERATURES
SEA WALLS
SENSITIVITY ANALYSES
SEVERE STORMS
SOCIAL AFFAIRS
SOLAR RADIATION
STORM
STORM DAMAGE
STORM DAMAGES
STORMS
TEMPERATURE
TROPICAL CYCLONE
TROPICAL CYCLONE ACTIVITIES
TROPICAL CYCLONE ACTIVITY
TROPICAL CYCLONES
VULNERABILITY TO CLIMATE CHANGE
WEATHER
WEATHER FORECASTING
WIND
WIND DIRECTION
WIND PATTERNS
WIND SHEAR
WIND SPEEDS
spellingShingle APPLIED METEOROLOGY
ATLANTIC HURRICANE
ATLANTIC OCEAN
ATMOSPHERE
ATMOSPHERIC SCIENCE
BAROMETRIC PRESSURE
BUILDING CODES
CALCULATION
CATASTROPHIC INSURANCE
CLIMATE
CLIMATE CHANGE
CLIMATE CHANGE DAMAGE
CLIMATE CHANGE DAMAGES
CLIMATE CHANGE ECONOMICS
CLIMATE CHANGE IMPACT
CLIMATE CHANGE PREDICTIONS
CLIMATE CHANGES
CLIMATE CONDITIONS
CLIMATE DAMAGES
CLIMATE DYNAMICS
CLIMATE HAZARD
CLIMATE MODEL
CLIMATE MODELS
CLIMATE SCENARIO
CLIMATE SCENARIOS
CLIMATE SYSTEM
CLIMATE UNCERTAINTY
CLIMATES
CLIMATOLOGY
CO2
COSTS OF CLIMATE CHANGE
CYCLONE ACTIVITY
DAMAGE ASSESSMENT
DAMAGE FROM HURRICANES
DAMAGES
DEATH TOLL
DISASTER
DISASTER REDUCTION
DISASTER RELIEF
EARTHQUAKE
ECONOMIC CONDITIONS
ECONOMIC GROWTH
EFFECT OF CLIMATE CHANGE
EMISSION
EMISSION PATH
EMISSION SCENARIO
EMISSIONS
EMISSIONS PATH
EMISSIONS SCENARIO
EMISSIONS SCENARIOS
EVACUATION
EXTREME EVENT
EXTREME EVENTS
FATALITIES
FLOOD
FLOOD INSURANCE
FLOODING
FUTURE CLIMATE SCENARIOS
GCM
GENERAL CIRCULATION MODEL
GENERATOR
GLOBAL CLIMATE
GLOBAL EMISSIONS
GLOBAL WARMING
GREENHOUSE
GREENHOUSE GAS
GREENHOUSE GAS CONCENTRATIONS
GREENHOUSE GAS MITIGATION
HURRICANE
HURRICANE CENTER
HURRICANE DAMAGE
HURRICANE FREQUENCY
HURRICANE INTENSITY
HURRICANES
IMPACT OF CLIMATE
IMPACT OF CLIMATE CHANGE
INCOME
INCREASE IN WIND SPEED
INSURANCE COVERAGE
INSURERS
INTENSITY OF STORMS
INTERGOVERNMENTAL PANEL ON CLIMATE CHANGE
IPCC
LAND USE
MAJOR HURRICANES
MAXIMUM WIND SPEED
METEOROLOGY
NATIONAL FLOOD INSURANCE
NATURAL DISASTERS
NATURAL HAZARDS
POLICY MAKERS
PP
PRESENT VALUE
PROBABILITY DENSITY
PROBABILITY DISTRIBUTION
PUBLIC ECONOMICS
REAL ESTATE
RISK ANALYSIS
SCIENTISTS
SEA LEVEL RISE
SEA SURFACE TEMPERATURES
SEA WALLS
SENSITIVITY ANALYSES
SEVERE STORMS
SOCIAL AFFAIRS
SOLAR RADIATION
STORM
STORM DAMAGE
STORM DAMAGES
STORMS
TEMPERATURE
TROPICAL CYCLONE
TROPICAL CYCLONE ACTIVITIES
TROPICAL CYCLONE ACTIVITY
TROPICAL CYCLONES
VULNERABILITY TO CLIMATE CHANGE
WEATHER
WEATHER FORECASTING
WIND
WIND DIRECTION
WIND PATTERNS
WIND SHEAR
WIND SPEEDS
Mendelsohn, Robert
Emanuel, Kerry
Chonabayashi, Shun
The Impact of Climate Change on Hurricane Damages in the United States
geographic_facet North America
United States
relation Policy Research working paper ; no. WPS 5561
description This paper quantifies hurricane damage caused by climate change across the US. A damage function is estimated from historic hurricane data to measure the impacts at each location given the storm's strength. The minimum barometric pressure of each storm turns out to be a better indicator of damages than the traditional measure of maximum wind speed. A hurricane generator in the Atlantic Ocean is then used to create 5000 storms with and without climate change. Combining the location and intensity of each storm with the income and population projected for each location, it is possible to estimate a detailed picture of how hurricanes will impact each state with and without climate change. Income and population growth alone increase expected baseline damage from $9 to $27 billion per year by 2100. Climate change is expected to increase damage by another $40 billion. Over 85 percent of these impacts are in Florida and the Gulf states. The 10 percent most damaging storms cause 93 percent of expected damage.
format Publications & Research :: Policy Research Working Paper
author Mendelsohn, Robert
Emanuel, Kerry
Chonabayashi, Shun
author_facet Mendelsohn, Robert
Emanuel, Kerry
Chonabayashi, Shun
author_sort Mendelsohn, Robert
title The Impact of Climate Change on Hurricane Damages in the United States
title_short The Impact of Climate Change on Hurricane Damages in the United States
title_full The Impact of Climate Change on Hurricane Damages in the United States
title_fullStr The Impact of Climate Change on Hurricane Damages in the United States
title_full_unstemmed The Impact of Climate Change on Hurricane Damages in the United States
title_sort impact of climate change on hurricane damages in the united states
publishDate 2012
url http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111104100332
http://hdl.handle.net/10986/3639
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