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Rising sea levels 'sleeping giant' that could cost $226bn, report says

2014-09-16 23:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Rising sea levels are a sleeping giant issue that will put at risk coastal infrastructure worth up to $226bn, a new report has found. Analysis by the Climate Council found Australia was likely to experience a sea level rise of 0.4m to 1m by the end of the century, with a high end scenario of 1.1m possible if the world warmed by about 4C compared with pre-industrial temperatures. In this worst-case scenario, $226bn in property, including houses, schools, hospitals and ports, would be exposed...

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