Billions of Dollars Hinge on Opaque Climate Disaster Models (Correct)

Aug. 12, 2024, 5:19 PM UTC

For the full experience visit: The Risky Business of Predicting Where Climate Disaster Will Hit

Humans have tried to predict the weather for as long as there have been floods and droughts. But in recent years, climate science, advanced computing and satellite imagery have supercharged their ability to do so. Computer models can now gauge the likelihood of fire, flooding or other perils at the scale of a single building lot and looking decades into the future. Startups that develop these models have proliferated, buoyed by venture capital and private equity.

The models are already guiding the decisions of companies ...

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