Thursday, November 13, 2008

CO2sceptics News Blog | Coastal military facilities are threatened by rising sea levels, Really?

Report: CO2 threatens eleventy.6 kazillion dollars worth of valuable stuff
A University of California Berkeley report released Thursday estimates that $2.5 trillion of California real estate is threatened by climate change.

Real estate and insurance represent the largest sectors at risk from climate change in the state, according to the report. It found that the state has $4 trillion in real estate assets, of which $2.5 million are at risk from extreme weather events, sea level rise and wildfires. The projected annual price tag is $300 million to $3.9 billion over this century, depending on how the global temperature rise.

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