IPCC

Midwest Flood Costs: $8.5 Billion and Rising

Midwest Flood Costs: $8.5 Billion and Rising

The damage estimates are starting to roll in from the Midwest floods, and they’re staggering.

The American Farm Bureau Federation has put crop-related losses at around $7 billion -- and rising. Iowa alone accounts for more than half of that amount.

Add property damages of $1.5 billion to the total hit, and you arrive at a preliminary flood damage estimate of $8.5 billion.

That's a very low-ball number. And yet, it already puts the Midwest floods of ’08 at number two on the list of the most expensive non-hurricane flooding catastrophes in the US, ever. WunderBlog has that story.

Read it. And when you do, keep this in mind: Despite media neglect, global warming -- in part -- has caused the treacherous rains that have spawned those costly floods, as Climate Progress and many others have studiously catalogued.

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