Monday, August 19, 2013

Cities with 10 highest Flood Costs by 2050

As climate change intensifies, one of the most surefire threats we're bound to face is increased flooding of coastal cities brought on by sea level rise. Taxpayers worldwide will be faced with more whopping bills—like the estimated $60 billion cost of Superstorm Sandy—to clean up damage in the wake of these events. But just how much money are we talking about here? According to a study out today in Nature, it's a freakishly large number: A dangerous combination of rising seas, sinking land, and growing coastal development could push global flood damages to well over $1 trillion every year by 2050.

http://www.motherjones.com/environment/2013/08/map-top-cities-billion-dollar-floods

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