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jerryking : flood-risk   4

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
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 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
As Coasts Rebuild and U.S. Pays, Repeatedly, the Critics Ask Why -
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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