CLIMATE DISASTERS2023’s Billion-Dollar Disasters List Shattered the U.S. Record with 28 Big Weather and Climate Disasters Amid Earth’s Hottest Year on Record

By Shuang-Ye Wu

Published 9 January 2024

The U.S. set an unwelcome record for weather and climate disasters in 2023, with 28 disasters that exceeded more than US$1 billion in damage each. While it wasn’t the most expensive year overall – the costliest years included multiple hurricane strikes – it had the highest number of billion-dollar storms, floods, droughts and fires of any year since counting began in 1980, with six more than any other year, accounting for inflation.

National weather analysts released their 2023 billion-dollar disasters list on Jan. 9, just as 2024 was getting off to a ferocious start. A blizzard was sweeping across  the Plains and Midwest, and the South and East faced flood risks from extreme downpours.

The U.S. set an unwelcome record for weather and climate disasters in 2023, with 28 disasters that exceeded more than US$1 billion in damage each.

While it wasn’t the most expensive year overall – the costliest years included multiple hurricane strikes – it had the highest number of billion-dollar storms, floods, droughts and fires of any year since counting began in 1980, with six more than any other year, accounting for inflation.

The year’s most expensive disaster started with an unprecedented heat wave that sat over Texas for weeks over the summer and then spread into the South and Midwest, helping fuel a destructive drought. The extreme heat and lack of rain dried up fields, forced ranchers to sell off livestock and restricted commerce on the Mississippi River, causing about US$14.5 billion in damage, according to the National Oceanic and Atmospheric Administration’s conservative estimates.

Extreme dryness in Hawaii contributed to another multi-billion-dollar disaster as it fueled devastating wildfires that destroyed Lahaina, Hawaii, in August.

Other billion-dollar disasters included Hurricane Idalia, which hit Florida in August; floods in the Northeast and California; and nearly two dozen other severe storms across the country. States in a swath from Texas to Ohio were hit by multiple billion-dollar storms.

El Niño played a role in some of these disasters, but at the root of the world’s increasingly frequent extreme heat and weather is global warming. The year 2023 was the hottest on record globally and the fifth warmest in the U.S.

I am an atmospheric scientist who studies the changing climate. Here’s a quick look at what global warming has to do with wildfires, storms and other weather and climate disasters.

Dangerous Heat Waves and Devastating Wildfires
When greenhouse gases, such as carbon dioxide from vehicles and power plants, accumulate in the atmosphere, they act like a thermal blanket that warms the planet.

These gases let in high-energy solar radiation while absorbing outgoing low-energy radiation in the form of heat from the Earth. The energy imbalance at the Earth’s surface gradually increases the surface temperature of the land and oceans.

The most direct consequence of this warming is more days with abnormally high temperatures, as large parts of the country saw in 2023.