How many times do you get to be wrong, before people will stop listening to you?
This question weighs heavily on my mind as I ponder a Republican House, Senate and White House.

The Republicans were wrong,,,,

That tax cuts reduce deficits,,
That Wealth Trickles down,,,,,
That banks will regulate themselves,,
That more guns equal fewer shootings,,,
And,,, That climate change isn't happening,,,



Sea Level Rise Threatens Billions in Coastal Real Estate by 2045, Study Says

Coastal communities may have even less time to prepare for rising seas than previously thought, a new study says.

The report, released Monday by the Union of Concerned Scientists, projects that climate change-driven sea level rise could make nearly 311,000 existing residential and commercial properties in the U.S. uninhabitable by 2045.

Those properties are all in the contiguous 48 states and collectively worth $136 billion. If carbon emissions and rapid ice sheet loss are not curtailed, chronic flooding will render these homes and businesses unusable by 2045, the study says.

According to this projection, buyers closing on one of those properties today would have to abandon or rebuild it before they could pay off a standard 30-year mortgage. A shrinking property tax base would deprive municipalities of revenue to provide public services, let alone upgrade infrastructure to protect against continued sea level rise. As this unfolds, it could drive climate liability suits, experts said.

“We don’t know how communities may pursue suits in court, but given the magnitude of the risk, it’s not surprising that many communities are looking for ways to pay the huge sums of money they’ll need to address those risks,” said the study’s lead author, climate scientist Kristina Dahl.


https://www.climateliabilitynews.org/2018/06/18/sea-level-rise-climate-change-zillow/
 

Last edited by Goose (6/18/2018 7:03 am)