Tag Archives: earthquake

Earthquakes in California could cost over $200 billion dollars

The figures below don’t do justice to the harm an earthquake would do.  There is $1.9 trillion dollars of property at risk from earthquakes in the San Francisco Bay Area, where a catastrophic earthquake on the Hayward Fault would almost … Continue reading

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Tokyo earthquake will cost somewhere from $1 to $4 trillion and likely soon

If a disaster is capable of crashing the world financial system, an earthquake in Tokyo is surely one of them. Tokyo, with over 33 million people, is the epicenter of finance and politics in Japan. In geologist Peter Hadfield’s 1995 … Continue reading

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Cascadia subduction zone 9.0 earthquake will cost hundreds of billions of dollars and many lives

[ Would a several hundred billion dollar earthquake shake the global financial system enough to bring on a world-wide depression?  It’s not just the costs of repair, but the indirect costs, such as destruction of the Ports of Seattle and … Continue reading

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Extreme Events. CEC 2011. Variable distributed generation from solar and wind increase the chance of large blackouts

Morgan, M., et al.   (Pacific Northwest National Laboratory, University of Wisconsin-Madison, Electric Power Research Institute, BACV Solutions, Southern Company, CIEE, University of Alaska – Fairbanks, and KEMA). 2011. Extreme Events. California Energy Commission. Publication number: CEC-500- 2013-031. Figure 18: BLACKOUT … Continue reading

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