Scientists sound the alarm over chronic flooding, with Hampton Roads hard-hit
According to a report released Monday, some 311,000 coastal homes in the
By the year 2100, those national numbers jump to 2.4 million homes with a market value of about
Last summer, the
This time, the
"Actions today, especially the amount of global warming emissions we release, will help determine what our coasts will look like at the end of the century,"
The
The scientists found that, by 2045,
But, by 2100, with the sea level in
The total market value of those homes today is more than
"For some communities," said report co-author
Scientists project that a quarter of the land in
Commercial properties are also in jeopardy -- 300 in the state by 2045, and about 3,000 by the year 2100. Those properties are assessed at about
For their analysis, the scientists considered three sea-level rise scenarios developed by the
The low scenario projects a global average rise of 1.6 feet over 1992 levels by the end of the century, the intermediate scenario a rise of four feet, and the high scenario a rise of 6.6 feet. Scientists used the high rate of rise for their report.
But seas don't rise uniformly. For coastal
Not surprisingly, the scientists urge a science-based response to the threat "that helps communities understand their risks, assess their choices and implement adaptation plans while prioritizing equitable outcomes."
"Short-sighted policies and market drivers will need to be phased out to discourage risky behavior," said climate resilience analyst
Scientists recommend a three-pronged policy approach, with little time to waste:
* Eliminate policies that perpetuate risky coastal development, limit building in flood-prone areas, update flood maps and building codes, safeguard natural flood protections and reform flood insurance premiums;
* Adequately fund disaster-response and pre-disaster programs that take climate projections into account, increase funding for flood-risk maps, for natural ecosystem safeguards and large-scale home buyout programs, and implement "robust" flood-risk management standards and building codes; and
* Create "bold new policies" and pioneering measures to help property owners relocate from chronically flooded areas and to preserve natural ecosystems and cultural heritage sites, plus governance models for decisionmaking in a new era of "challenging tradeoffs."
The
To read its report "Underwater: Rising Seas, Chronic Floods and the Implications for
Contact Dietrich at 757-247-7892 or [email protected]. Follow on Twitter at DP_Dietrich
___
(c)2018 the Daily Press (Newport News, Va.)
Visit the Daily Press (Newport News, Va.) at www.dailypress.com
Distributed by Tribune Content Agency, LLC.


FWC sets new requirements for airboat operators, spurred by death of UM grad
5 Top Monthly Dividend Stocks
Advisor News
- How advisors can prepare clients for an uncertain retirement landscape
- Investors aren’t waiting out uncertainty
- Transamerica and Advo(k)ate Advisors launch pooled employer plan
- ‘I wish I’d met him sooner:’ Karlan Tucker remembered for integrity, faith
- Why women must be more engaged in investing
More Advisor NewsAnnuity News
- Market-value adjusted annuities: Key considerations for advisors
- Private equity’s next play in insurance
- Immediate Care Plan: A new solution for funding LTC
- Delaware Life Launches a New Bonus Fixed Index Annuity Built for Growth, Protection, and Flexibility
- LIMRA: Annuity sales set new quarterly record with $123.9B in Q2
More Annuity NewsHealth/Employee Benefits News
- Scott: Move Vermont healthcare policies back into the mainstream
- Doctors appear concerned about Medicaid work rule
- Doctors concerned about Medicaid work rule
- Studies from University of Washington Reveal New Findings on Hepatitis C Virus (Comparative Evaluation of State-Level Subscription-Based Payment Models for Hepatitis C Drugs): Liver Diseases and Conditions – Hepatitis C Virus
- Colorado House Candidate Manny Rutinel Sponsored Legislation Forcing Health Insurers To Cover Sex Changes For Kids
More Health/Employee Benefits NewsLife Insurance News
- Yancey Jr., Delos Harley
- Vincent Esparza CFP, CLU joins Wilde Wealth Management Group as Senior Wealth Advisor
- NCOIL summer meeting sets attendance record
- Mercer Advisors Unveils Second Generation of Aspen, its AI-Enabled Platform for Fiduciary Family Offices
- Lincoln Financial Announces Reinsurance Transaction with Talcott
More Life Insurance News