Thursday, November 01, 2012

Drill, baby, drill: Sandy + Katrina + Andrew damages = $250B

It's Global Warming, Stupid
Munich Re found “a nearly quintupled number of weather-related loss events in North America for the past three decades.” By contrast, there was “an increase factor of 4 in Asia, 2.5 in Africa, 2 in Europe, and 1.5 in South America.” Human-caused climate change “is believed to contribute to this trend,” the report said, “though it influences various perils in different ways.”
99% BAD HARDWARE WEEK: Drill baby, drill ! More drills, more oil and finally more damages. On the US soil primarily !

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