Tropical and extratropical cyclone damages under climate change

This paper provides the first quantitative synthesis of the rapidly growing literature on future tropical and extratropical cyclone damages under climate change. We estimate a probability distribution for the predicted impact of changes in global surface air temperatures on future storm damages, usi...

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Main Authors: Matthew Ranson, Carolyn Kousky, Matthias Ruth, Lesley Jantarasami, Allison Crimmins, Lisa Tarquinio
Format: Article in Journal/Newspaper
Language:unknown
Subjects:
Online Access:http://hdl.handle.net/10.1007/s10584-014-1255-4
id ftrepec:oai:RePEc:spr:climat:v:127:y:2014:i:2:p:227-241
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spelling ftrepec:oai:RePEc:spr:climat:v:127:y:2014:i:2:p:227-241 2023-05-15T17:33:30+02:00 Tropical and extratropical cyclone damages under climate change Matthew Ranson Carolyn Kousky Matthias Ruth Lesley Jantarasami Allison Crimmins Lisa Tarquinio http://hdl.handle.net/10.1007/s10584-014-1255-4 unknown http://hdl.handle.net/10.1007/s10584-014-1255-4 article ftrepec 2020-12-04T13:33:09Z This paper provides the first quantitative synthesis of the rapidly growing literature on future tropical and extratropical cyclone damages under climate change. We estimate a probability distribution for the predicted impact of changes in global surface air temperatures on future storm damages, using an ensemble of 478 estimates of the temperature-damage relationship from nineteen studies. Our analysis produces three main empirical results. First, we find strong but not conclusive support for the hypothesis that climate change will cause damages from tropical cyclones and wind storms to increase, with most models predicting higher future storm damages due to climate change. Second, there is substantial variation in projected changes in losses across regions. Potential changes in damages are greatest in the North Atlantic basin, where the multi-model average predicts that a 2.5 °C increase in global surface air temperature would cause hurricane damages to increase by 63 %. The ensemble predictions for Western North Pacific tropical cyclones and European wind storms (extratropical cyclones) are +28 % and +23 %, respectively. Finally, our analysis shows that existing models of storm damages under climate change generate a wide range of predictions, ranging from moderate decreases to very large increases in losses. Copyright The Author(s) 2014 Article in Journal/Newspaper North Atlantic RePEc (Research Papers in Economics) Pacific
institution Open Polar
collection RePEc (Research Papers in Economics)
op_collection_id ftrepec
language unknown
description This paper provides the first quantitative synthesis of the rapidly growing literature on future tropical and extratropical cyclone damages under climate change. We estimate a probability distribution for the predicted impact of changes in global surface air temperatures on future storm damages, using an ensemble of 478 estimates of the temperature-damage relationship from nineteen studies. Our analysis produces three main empirical results. First, we find strong but not conclusive support for the hypothesis that climate change will cause damages from tropical cyclones and wind storms to increase, with most models predicting higher future storm damages due to climate change. Second, there is substantial variation in projected changes in losses across regions. Potential changes in damages are greatest in the North Atlantic basin, where the multi-model average predicts that a 2.5 °C increase in global surface air temperature would cause hurricane damages to increase by 63 %. The ensemble predictions for Western North Pacific tropical cyclones and European wind storms (extratropical cyclones) are +28 % and +23 %, respectively. Finally, our analysis shows that existing models of storm damages under climate change generate a wide range of predictions, ranging from moderate decreases to very large increases in losses. Copyright The Author(s) 2014
format Article in Journal/Newspaper
author Matthew Ranson
Carolyn Kousky
Matthias Ruth
Lesley Jantarasami
Allison Crimmins
Lisa Tarquinio
spellingShingle Matthew Ranson
Carolyn Kousky
Matthias Ruth
Lesley Jantarasami
Allison Crimmins
Lisa Tarquinio
Tropical and extratropical cyclone damages under climate change
author_facet Matthew Ranson
Carolyn Kousky
Matthias Ruth
Lesley Jantarasami
Allison Crimmins
Lisa Tarquinio
author_sort Matthew Ranson
title Tropical and extratropical cyclone damages under climate change
title_short Tropical and extratropical cyclone damages under climate change
title_full Tropical and extratropical cyclone damages under climate change
title_fullStr Tropical and extratropical cyclone damages under climate change
title_full_unstemmed Tropical and extratropical cyclone damages under climate change
title_sort tropical and extratropical cyclone damages under climate change
url http://hdl.handle.net/10.1007/s10584-014-1255-4
geographic Pacific
geographic_facet Pacific
genre North Atlantic
genre_facet North Atlantic
op_relation http://hdl.handle.net/10.1007/s10584-014-1255-4
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