People are waking up to the climate crisis, but two sobering reports this week are a reminder of the enormity of the problem
in Yale Environment 360 points out, that’s nearly the price of building the 47,000 miles of the interstate highway system, which took four decades and cost more than $500 billion in today’s dollars.
New Orleans is a city that is particularly vulnerable to even small changes in sea level rise. After Hurricane Katrina hit the city in 2005, the Army Corps of Engineers spent about $14.6 billion on upgrades for hurricane defenses in the area. In the past 10 years, the Corps has built the largest surge barrier of its kind and the largest drainage-pump station in the world.
Without the upgrade, the report said, homes behind the levees might now be ineligible for flood insurance. Without flood insurance, as everyone knows, the real estate values would collapse – and the city would begin a fast slide to oblivion. So to avert financial disaster, the city is forced to build ever higher, ever more expensive walls and barriers until either the money dries up or the engineering challenges become insurmountable.
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