Floods costs evermore. But that’s because there is a lot more stuff to flood.
In percentage of stuff to flood (GDP), damage has declined dramatically
Read my 2020 peer-reviewed article: sciencedirect.com/science/articl
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Questions that people get wrong. Where does CO2 absorb heat? Most people think in the lower troposphere where the surface radiates. They are wrong. CO2 absorbs heat from the sun above 70mb along with other gases. 1)
But you'd sort of expect that, because there's more things that stop floods.
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How does this affect global temperature? Claimed to slow heat to space. Wrong. CO2 absorbs shortwave energy. CO2 at 0.04% gas T -100°C 50w to -80°C 78w at SL. Cloud cover is 66-7% of earth. 0.34 x 1000w = 340w. Earth ranges 370-330w 3.3C(NH winter)-11C(NH summer land heating).
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