U.S. May Have to Spend $400 Billion on Seawalls by 2040
- 5 years ago
U.S. May Have to Spend
$400 Billion on Seawalls by 2040 According to a recent report from the Center for
Climate Integrity (CCI), the U.S. will have to spend
$416 billion on seawalls in the next 20 years. The cost figure is based on a scenario
created by the UN Intergovernmental
Panel on Climate Change (IPCC). The CCI also studied thousands of miles of
coastline to determine areas that are at risk
of being at least 15% underwater by 2040. Seas are estimated to rise up to three
feet higher by 2100, as the planet
heats up and land-based ice melts. Richard Wiles, CCI Executive
Director, via ‘The Guardian’ According to the report, Florida will have to spend
$76 billion by 2040, Louisiana comes in second at
$38 billion and North Carolina third at $35 billion. In addition, cities such as New York
and Virginia Beach could spend more
than $1.5 billion, respectively.
$400 Billion on Seawalls by 2040 According to a recent report from the Center for
Climate Integrity (CCI), the U.S. will have to spend
$416 billion on seawalls in the next 20 years. The cost figure is based on a scenario
created by the UN Intergovernmental
Panel on Climate Change (IPCC). The CCI also studied thousands of miles of
coastline to determine areas that are at risk
of being at least 15% underwater by 2040. Seas are estimated to rise up to three
feet higher by 2100, as the planet
heats up and land-based ice melts. Richard Wiles, CCI Executive
Director, via ‘The Guardian’ According to the report, Florida will have to spend
$76 billion by 2040, Louisiana comes in second at
$38 billion and North Carolina third at $35 billion. In addition, cities such as New York
and Virginia Beach could spend more
than $1.5 billion, respectively.