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Rising Seas Will Erase More Cities by 2050, New Research Shows - The New York Times
By Denise Lu and Christopher FlavelleOct. 29, 2019

John Wyndham's "Out of the Deeps" (UK version, "The Kraken Wakes") has alarming scenes of London and much of the UK inundated. In that novel, it's aliens, melting the Greenland glaciers.
books  cities  climate_change  coastal  dislocations  extreme_weather_events  floods  flood-risk  flood-risk_maps  floodplains  geopolitical-risk  infrastructure  internal_migration  mass_migrations  population_movements  refugees  sea-level_rise  societal_collapse  weather 
october 2019 by jerryking
Two MIT Economists Share A Bold Plan To Jump-Start The Economy In New Book
April 9, 2019 | Boston Public Radio | By Arjun Singh

On paper, America’s economy seems to be excelling. In March, the economy added 196,000 new jobs while the unemployment rate sat at 3.8 percent. Meanwhile, American startups like Uber and Pinterest are expected to go public with multi-million or higher valuations. But MIT economists Jonathan Gruber and Simon Johnson believe this hides a darker truth about the American economy: It’s slowly falling behind the rest of the world.

In their new book, “Jump-Starting America: How Breakthrough Science Can Revive Economic Growth and the American Dream,” Gruber and Johnson lay out their plan for how the United States can reclaim its mantle as a leader in not just gross domestic product, but also innovation and science. The key, they say, is government investment and encouragement in the scientific sector.......The economists are optimistic, however, that the United States can regain its lead and eventually develop a robust economy that sees economic growth and investment in the sciences. And not just in places like Boston or San Francisco, but throughout the rest of the country, where Johnson says there is a wealth of untapped talent and potential. They estimate there are at least 102 potential scientific hubs scattered across the U.S.

“The coastal superstar cities have become extremely expensive, but there’s a tremendous amount of talent spread across the U.S.,” Johnson said. “Good living conditions also matter. People also want to live in a place [with a] good climate, much better commute times than you have in the megacities, and low crime rates. Those are our very simple, transparent criteria.”..... public investments in research and development contribute to what the authors call the “spillover effect.” When the product of the research is not a private firm’s intellectual property, its impact flows across the economy.
books  breakthroughs  coastal  competitiveness_of_nations  economists  industrial_policies  innovation  jump-start  MIT  moonshots  NSF  public_investments  R&D  science  Simon_Johnson  spillover  superstars  U.S. 
august 2019 by jerryking
What Land Will Be Underwater in 20 Years? Figuring It Out Could Be Lucrative
Feb. 23, 2018 | The New York Times | By Brad Plumer

In Charleston, S.C., where the ports have been expanding to accommodate larger ships sailing through the newly widened Panama Canal, a real-estate developer named Xebec Realty recently went looking for land to build new warehouses and logistics centers.

But first, Xebec had a question: What were the odds that the sites it was considering might be underwater in 10 or 20 years?......Yet detailed information about the city’s climate risks proved surprisingly hard to find. Federal flood maps are based on historical data, and won’t tell you how sea-level rise could exacerbate flooding in the years ahead.....So Xebec turned to a Silicon Valley start-up called Jupiter, which offered to analyze local weather and hydrological data and combine it with climate model projections to assess the potential climate risks Xebec might face in Charleston over the next few decades from things like heavier rainfall, sea level rise or increased storm surge....the reliability of Jupiter's predictive analytics is uncertain....that said, “In economics, information has value if you would make a different decision based on that information,”...... Congress has generally underfunded initiatives such as those at the Federal Emergency Management Agency to incorporate climate change into its federal flood maps.......to get a full picture of flooding risk, you need expertise in weather, but also climate and hydrology and engineering and running complex models on the latest computer hardware,” ... “All of those specialized disciplines are usually heavily siloed within the public sector or the scientific community.”....Jupiter, which acknowledges the uncertainties in climate forecasting, will have to prove that a market exists....flooding and other disasters have led to record losses by insurers.....[Those] losses raised the stakes in terms of trying to get the best possible science on your side when you’re pricing risk,” said John Drzik, president of global risk at Marsh,
climate_change  weather  start_ups  data_driven  forecasting  hard_to_find  predictive_analytics  tools  Charleston  South_Carolina  uncertainty  sea-level_rise  floods  commercial_real_estate  adaptability  specificity  catastrophes  catastrophic_risk  unpredictability  coastal  extreme_weather_events  insurance  FEMA  cartography  floodplains  flood-risk  flood-risk_maps  mapping  historical_data 
february 2018 by jerryking
Not if the Seas Rise, but When and How High - The New York Times
By JENNIFER SENIOR NOV. 22, 2017

The Water Will Come
Rising Seas, Sinking Cities, and the Remaking of the Civilized World
By Jeff Goodell
340 pages. Little, Brown. $28

Political time now lags behind geological time: If we don’t take dramatic steps to prepare for the rising seas, hundreds of millions could be displaced from their homes by the end of the century, and the infrastructure fringing the coast, valued in the trillions of dollars, could be lost.....Unfortunately, human beings are uniquely ill-suited to prepare for disasters they cannot sense or see. “We have evolved to defend ourselves from a guy with a knife or an animal with big teeth,” Goodell writes, “but we are not wired to make decisions about barely perceptible threats that gradually accelerate over time.”....he visits cities in peril around the globe: New York; Lagos, Nigeria; Norfolk, Va.; Miami; Venice; Rotterdam..... every coastal city faces its own obstacles to adaptation, and the problems each one faces are different......It is, perhaps, the world’s poor who will suffer most. Goodell devotes a good deal of this book to contemplating their fate. Salty soil has already destroyed the rice crops of the Mekong Delta and Bangladesh. If the sea rises high enough, whole island nations could be washed away. The slum-dwellers of Lagos, Jakarta and other coastal cities in the developing world could be chased from their homes, many of which are already on stilts. The International Organization for Migration estimates there will be 200 million climate refugees by 2050.
climate_change  books  book_reviews  Miami  slowly_moving  sea-level_rise  coastal  imperceptible_threats  developing_countries 
november 2017 by jerryking
As Coasts Rebuild and U.S. Pays, Repeatedly, the Critics Ask Why - NYTimes.com
By JUSTIN GILLIS and FELICITY BARRINGER
Published: November 18, 2012

Across the nation, tens of billions of tax dollars have been spent on subsidizing coastal reconstruction in the aftermath of storms, usually with little consideration of whether it actually makes sense to keep rebuilding in disaster-prone areas. If history is any guide, a large fraction of the federal money allotted to New York, New Jersey and other states recovering from Hurricane Sandy — an amount that could exceed $30 billion — will be used the same way.

Tax money will go toward putting things back as they were, essentially duplicating the vulnerability that existed before the hurricane.... Lately, scientists, budget-conscious lawmakers and advocacy groups across the political spectrum have argued that these subsidies waste money, put lives at risk and make no sense in an era of changing climate and rising seas.

Some of them contend that reconstruction money should be tightly coupled with requirements that coastal communities begin reducing their vulnerability in the short run and that towns along shorelines facing the largest risks make plans for withdrawal over the long term. ... local governments have tried to use the money to reduce their vulnerability to future disasters, but they complain that they often run into bureaucratic roadblocks with the Federal Emergency Management Agency.

For instance, after flooding from Hurricane Irene washed out many culverts in Vermont last year, many towns built bigger culverts to handle future floods. But they are still fighting with the agency over reimbursement.

W. Craig Fugate, the agency’s administrator, acknowledged in an interview that “as a nation, we have not yet figured out” how to use federal incentives to improve resiliency and discourage excessive risks.
floods  floodplains  flood-risk  insurance  public_policy  Hurricane_Sandy  disasters  relief_recovery_reconstruction  FEMA  sustainability  sea-level_rise  coastal 
november 2012 by jerryking

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