The cost of climate change: Hurricane Milton’s Damage Could Reach $180 Billion

Hurricane Milton’s damage is expected to reach $180 billion, according to AccuWeather, with the storm having severely affected high-value areas such as Tampa, where homes, businesses and a stadium were destroyed, in whole or in part. It also ravaged Florida’s orange crops, Orlando’s theme parks and spawned deadly tornadoes as far southeast as Palm Beach. As storms like Milton grow in intensity and affect broader areas, future damage estimates are likely to continue to increase.