How a Solar Storm Two Years Ago Nearly Caused a Catastrophe On Earth 212
"Analysts believe that a direct hit could cause widespread power blackouts, disabling everything that plugs into a wall socket. Most people wouldn't even be able to flush their toilet because urban water supplies largely rely on electric pumps. ... According to a study by the National Academy of Sciences, the total economic impact could exceed $2 trillion, or 20 times greater than the costs of a Hurricane Katrina. Multi-ton transformers damaged by such a storm might take years to repair." Steve Tracton put it this way in his frightening overview of the risks of a severe solar storm: "The consequences could be devastating for commerce, transportation, agriculture and food stocks, fuel and water supplies, human health and medical facilities, national security, and daily life in general."