A team of scientists have found that the severe economic impacts from hurricanes this decade are from population, infrastructure and wealth on coastlines.
This is according to a newly published paper in Natural Hazards Review. The paper downplays the number of strong hurricanes possibly caused by global warming as the reason for the billions of dollars of damage. The researchers claim that economic damage has been doubling every 10 to 15 years. They say if build up along the coasts continues, future economic losses will be far greater than currently anticipated.