Global sea level has risen 6.7 inches (170 mm) over the past 100 years, and by about 11 inches (280 mm) along the shores of the contiguous U.S. The rise has accelerated, and is now more than double the rate observed in the 20th century.
Many new projects could face flooding threats far earlier than expected, forcing local governments to pay for unanticipated maintenance or potentially wasting funds from the $350 billion the legislation set aside for projects.
State Farm said it will no longer accept homeowner insurance applications in California, pointing to growing “catastrophe exposure” and the high cost to rebuild.
As Ontario gears up to build intensely, the federal government is trying to reduce its ballooning disaster assistance budget. Are flood recovery costs being passed on to people and places that don’t have the power to protect themselves?
Climate change is affecting our coastal cities, potentially flooding them in 50 years. That is why cities are now starting to take action to preserve their city and their historic buildings.
