In 2012, a drought covered nearly two-thirds of the contiguous United States, impacting 164 million people and leading to multi-billion dollar agricultural losses. Last year also saw the Atlantic basin experience an above-average hurricane season, in terms of intensity of the storms, for a third consecutive year. Hurricane Sandy claimed over 100 lives and significantly damaged infrastructure, roads, homes across the northeast US and the Caribbean.
Let me see if what you are saying is correct: Farmers and agribusiness were not affected. No insurance premiums were reassesed. Insurance companies did not revise their risk profiles. Nothing happened at all.
The article in Catalyst shows just how severe the effects of global warming are.
