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Coastal flooding could cost $100 billion year by 2100

2014-02-12 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Salon: If the current state of affairs were to continue as usual - if global warming continues on its current path and no significant measures are taken to adapt - the impact of sea level rise on life as we know it would be unimaginably severe. If you can imagine a number this high, researchers put the cost of coastal flood damage in the hundred trillions, or about 9 percent of global GDP, by the end of the century. Currently, flood and storm surge damage costs the world about $10 billion to $40 billion...

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