Studies of space weather aid in the development of early warning systems for solar storms and help to minimize the damage from turbulent solar activity, researchers said.
In other words, trends regarding total economic damages from extreme weather events largely reflect trends in property values and geographical patterns of development rather than trends regarding the frequency and severity of extreme weather events.
Superstorm Sandy illustrates another compelling reason to incorporate natural infrastructure into urban development: resilience to extreme weather events.
Forecasting was the obvious next step, but it required the development of new theories to explain the weather's behaviour, a process that, as Mr Monmonier explains, was not without controversy.
The combined impacts of projected climate change and socio-economic development is set to see the damage costs of extreme weather events continue to increase.
However, state media have taken care to emphasise how China is balancing an "all-weather" friendship with Islamabad with improved ties with India for the benefit of South Asia's stability and economic development.