Tuesday, September 11, 2012

The price of oil should include the costs of climate disruption

The GREEN MARKET ORACLE: Mitt Romney’s Love Affair with the Fossil Fuel Industry: "The Republican presidential hopeful’s support for fossil fuels ignores the overwhelming price of extreme weather. With a cost of $81 billion and 1,836 dead, Katrina was the most expensive natural disaster in American history. About 20 years ago this week, Hurricane Andrew hit Florida; it cost $25 billion and killed 15 people. Hurricane Irene struck one year ago and caused an estimated $15 billion in damage while killing at least 67 people."

'via Blog this'

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