That scale may not capture the risk posed by the most intense storms as the world warms, the authors wrote. They suggest a sixth category that encompasses storms with winds greater than 192 miles per hour (309 kilometers per hour).
This market resolves YES if, by the end of 2030, a storm somewhere in the world has been designated Category 6 by the NHC.
It resolves NO if no storm has been designated. This includes if the NHC has recognized the expansion of the scale, but no storm meets the criteria. It also includes if a storm exists with wind speeds >192 mph, but the NHC has not recognized "Category 6" as a possible designation.
If the NHC is rebranded or reformed, I'll use any clear successor organization if it exists, or my best discretion on the most canonical US government agency.
@ScottSupak This is wild but the NHC hasn't given any indication they're extending the scale to Cat 6 so it's very unlikely Milton will be classified as such, even if the wind speeds would theoretically qualify (although you might disagree!)
@Sketchy Oh for sure it shouldn't be resolved yet, as they haven't made a Cat6 official yet. I suppose they could with this storm but I doubt it. I was just trying to point out that it probably is a Cat6 technically, and it's yet another point on the side of those (like me) who say we should have a Cat6 designation.
I think it's extremely likely we get such a designation, and a storm that fits it, before 2031.
Cool market, thanks.