Forbes - Climate Change's $75 Billion Bill
Excerpt:
"Natural disasters wrought by climate change have a staggering price tag, and it's growing.
Total economic losses from natural catastrophes in 2007 rose to $75 billion from $50 billion the year before as extreme weather conditions driven by climate change wreaked havoc across the world, according to Munich Re (other-otc: MURGF - news - people ), the world's second-largest reinsurer on Thursday. The economic losses include those not covered by insurance such as disruption to power supplies or transportation links."
http://www.forbes.com/markets/economy/2007/12/27/disasters-munich-re-markets-equity-cx_vr_1227markets08.html
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