Probabilistic State-Level Estimates Of Us Coastal Storm Property Damages From Climate Change

Probabilistic estimates of property damage (2010 USD) by damage mechanism, sea level measure, region, and time period. Values are derived from <em>Estimates of US coastal damages by local sea level </em>(doi: https://doi.org/10.5281/zenodo.820149) using the code at https://github.com/ClimateImpactLab/acp-impacts Direct (surge + wind) and business-interruption storm damage estimates as well as estimated property below sea level are projected by estimating damages as a function of local sea level (LSL). These damage functions are then applied to probabilistic estimates of local sea level from Kopp et al (2014) using a Monte Carlo simulation. Percentiles of the resulting distributions are presented in the included files. Estimates of property below sea level are calculated for both mean sea level (MSL) as well as mean higher high water (MHHW). In each period, estimates of the cumulative value of inundated property, or property below sea level, are removed from the exposure data set when computing future storm damages; therefore, projections of future storm damages differ between the two measures of sea level.