Solar storms could create $2tn ‘global Katrina’, warns chief scientist | Science | The Guardian

GPS systems and electricity networks are increasingly vulnerable to damage by turbulent solar weather, scientists say

The threat of solar storms that could wreak havoc on the world’s electronic systems must be taken more seriously, the UK government’s chief scientist has warned. A severe solar storm could damage satellites and power grids around the world, he said, leading to a “global Katrina” costing the world’s economies as much as $2tn (£1.2tn).

Solar storms could create $2tn ‘global Katrina’, warns chief scientist | Science | The Guardian