Proceedings of the National Academy of Sciences. This study helps settle an ongoing debate about the increasing financial burden of flood events due to climate change.
It also sheds light on the total financial costs of global warming.Lead author Frances Davenport, a Ph.D. student at Stanford’s School of Earth, Energy & Environmental Sciences, said:However, until recently, scientists have been unsure if climate change contributes to flooding’s rising costs.
And they wondered if so, how much. Researchers have been debating this topic for decades. We also saw this in the recent climate report from the U.S.
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