Extreme weather hurting economy

— Extreme weather caused some $129 billion in economic losses last year, said a report Tuesday that warned the bill will keep climbing as climate change boosts droughts, storms and floods.

There was a 46-percent increase in weather disasters from 2010 to 2016, with 797 “extreme”events recorded last year, according to research published in The Lancet medical journal.

These “resulted in $129 billion in overall economic losses”— a figure roughly matching the budget of Finland.

Losses were counted as damage to physical assets and did not include the “economic value” of deaths, injury or disease caused by extreme events.