“Improvements since 2007 reduced costs by 19%, averaging $5 billion per hurricane. This exceeds the annual budget for all federal weather forecasting.”
As a field, we have come such a long way, and there’s still a long way to go.
THE WORK WE DO TO SAVE LIVES AND PROPERTY MATTERS! Full stop.
As a field, we have come such a long way, and there’s still a long way to go.
THE WORK WE DO TO SAVE LIVES AND PROPERTY MATTERS! Full stop.
Reposted from
Marshall Shepherd
The economic value of hurricane forecasts
www.nber.org/papers/w3254...
www.nber.org/papers/w3254...
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