No, not Cathie Wood and her Ark Invest.
This is another big money disaster, although the odds of the ARkStorm Scenario are higher during an El Niño it could occur during a La Niña, the current situation. Fortunately the storms started too late and it is too late in the season for the full scenario so Cali will just get flooding from Sacramento down the river to the Bay and San Francisco.
Which will clean some of the poop off the sidewalks and refill the reservoirs, so it's all good.
The trigger for this stroll down Memory Lane was a story in yesterday's New York Post:
California facing at least 3 more storms as ‘bomb cyclone’ wreaks havoc
From the U.S. Geological Survey:
The U.S. Geological Survey, Multi Hazards Demonstration Project (MHDP) uses hazards science to improve resiliency of communities to natural disasters including earthquakes, tsunamis, wildfires, landslides, floods and coastal erosion. The project engages emergency planners, businesses, universities, government agencies, and others in preparing for major natural disasters. The project also helps to set research goals and provides decision-making information for loss reduction and improved resiliency. The first public product of the MHDP was the ShakeOut Earthquake Scenario published in May 2008. This detailed depiction of a hypothetical magnitude 7.8 earthquake on the San Andreas Fault in southern California served as the centerpiece of the largest earthquake drill in United States history, involving over 5,000 emergency responders and the participation of over 5.5 million citizens.HT: the WaPo's Joel Achenbach* who, writing at Slate, says:
This document summarizes the next major public project for MHDP, a winter storm scenario called ARkStorm (for Atmospheric River 1,000). Experts have designed a large, scientifically realistic meteorological event followed by an examination of the secondary hazards (for example, landslides and flooding), physical damages to the built environment, and social and economic consequences. The hypothetical storm depicted here would strike the U.S. West Coast and be similar to the intense California winter storms of 1861 and 1862 that left the central valley of California impassible. The storm is estimated to produce precipitation that in many places exceeds levels only experienced on average once every 500 to 1,000 years.
Extensive flooding results. In many cases flooding overwhelms the state’s flood-protection system, which is typically designed to resist 100- to 200-year runoffs. The Central Valley experiences hypothetical flooding 300 miles long and 20 or more miles wide. Serious flooding also occurs in Orange County, Los Angeles County, San Diego, the San Francisco Bay area, and other coastal communities. Windspeeds in some places reach 125 miles per hour, hurricane-force winds. Across wider areas of the state, winds reach 60 miles per hour. Hundreds of landslides damage roads, highways, and homes. Property damage exceeds $300 billion, most from flooding. Demand surge (an increase in labor rates and other repair costs after major natural disasters) could increase property losses by 20 percent. Agricultural losses and other costs to repair lifelines, dewater (drain) flooded islands, and repair damage from landslides, brings the total direct property loss to nearly $400 billion, of which $20 to $30 billion would be recoverable through public and commercial insurance. Power, water, sewer, and other lifelines experience damage that takes weeks or months to restore. Flooding evacuation could involve 1.5 million residents in the inland region and delta counties. Business interruption costs reach $325 billion in addition to the $400 billion property repair costs, meaning that an ARkStorm could cost on the order of $725 billion, which is nearly 3 times the loss deemed to be realistic by the ShakeOut authors for a severe southern California earthquake, an event with roughly the same annual occurrence probability....MUCH MORE, including three PDF's
The Century of Disasters
Meltdowns. Floods. Tornadoes. Oil spills. Grid crashes. Why more and more things seem to be going wrong, and what we can do about it.
This will be the century of disasters.
In the same way that the 20th century was the century of world wars, genocide, and grinding ideological conflict, the 21st will be the century of natural disasters and technological crises and unholy combinations of the two. It'll be the century when the things that we count on to go right will, for whatever reason, go wrong.
Late last month, as the Mississippi River rose in what is destined to be the worst flood in decades, and as the residents of Alabama and other states rummaged through the debris of a historic tornado outbreak, physicists at a meeting in Anaheim, Calif., had a discussion about the dangers posed by the sun.*Joel may just be putting his profound understanding of new media into practice:
Solar flares, scientists believe, are a disaster waiting to happen. Thus one of the sessions at the American Physical Society's annual meeting was devoted to discussing the hazard of electromagnetic pulses (EMPs) caused by solar flares or terrorist attacks. Such pulses could fry transformers and knock out the electrical grid over much of the nation. Last year the Oak Ridge National Laboratory released a study saying the damage might take years to fix and cost trillions of dollars.
But maybe even that's not the disaster people should be worrying about....MORE
And some history:
In 1861 - '62 it rained for 45 days and the state capitol had to be temporarily relocated to San Francisco because Sacramento looked like this:
Leland Stanford went to his gubernatorial swearing-in in a rowboat just before everyone headed downriver to S.F.