GeneralBearishFortune Crypto · 3h ago6/10
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Last year was a ‘quiet’ one for wildfires. Catastrophic blazes in Canada, South Korea and LA still made it the costliest fire year in history
Despite being characterized as a 'quiet' year for wildfires overall, 2024 became the costliest fire year in history, driven by catastrophic blazes in Canada, South Korea, and Los Angeles. The January 2025 LA fires alone inflicted $140 billion in damages, underscoring how concentrated extreme weather events can generate unprecedented economic losses even in relatively low-activity fire seasons.
