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Texas governor estimates Harvey damage at up to $180bn
[Al Jazeera] Texas Governor Greg Abbott said on Sunday damage from Hurricane Harvey would likely reach $150bn to $180bn.

Harvey, which came ashore on August 25 as the most powerful hurricane to hit Texas in 50 years, has killed an estimated 47 people and displaced more than one million after causing wreckage in an area stretching for nearly 500km.

Abbott, who is advocating for US federal government aid to repair his state, said the damage would exceed that of Katrina, the storm that devastated New Orleans and surrounding areas in 2005, and Sandy, which overwhelmed New York City and the US northeast in 2012.

"Katrina caused, if I recall, more than $120bn but when you look at the number of homes and business affected by this I think this will cost well over $120bn, probably $150bn to $180bn," Abbott told Fox News.

"This is far larger than Hurricane Sandy."


Posted by: Fred 2017-09-04
http://www.rantburg.com/poparticle.php?ID=496552