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I want to note that losses measured in monetary terms has the standard problems of valuation. Naturally monetary losses are interesting for insurance companies, and the scientists are aware of the risks of comparing monetary losses over time and space. But still, it has some serious problems, and when it comes to evaluate the consequences of climate change, non-monetary losses like number of people hurt or number of houses destroyed should be better. Which should data that can be collected from archives.

Even better still would be data directly on wind or water, avoiding as far as possible social changes over time. But that needs measured data, and is very hard to reconstruct later on.

This does not really add to the topic at hand, but I thought it should be noted.

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by A swedish kind of death on Fri Nov 19th, 2010 at 03:59:35 PM EST

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