Climate change threatens to cause trillions in damage to world's coastal regions: "According to the study published in the Proceedings of the National Academy of Sciences, global average storm surge damages could increase from about $10-$40 billion per year today to
up to $100,000 billion per year by the end of century, if no adaptation action is taken."
3 comments:
By the end of century, I will be seriously dead. Their threats do not scare me.
I am in Bangladesh working on a development project.
This is for those readers who have read alarming accounts of loss of land to Bangladesh because of rising sea level. Those alarmists were not aware of the significant seaward shift of the delta front that results from the enormous volume of sediment carried downstream from the Himalayan Mountains.
"However it is apparent that there are many other small, often informally organised, markets at
roadsides and in villages that have not been recorded. This is particularly true in coastal chars where land is emerging from the sea and being newly settled."
Rural Markets in the Costal Char Region, E. Mallorie and A. Ashraf, 2005, IFAD, International Fund for Agricultural Development (IFAD)
http://www.ifad.org/english/operations/pi/bgd/i681bd/documents/report.pdf
100 Trillion a year? Doesn't that pretty much take the world economy into negative values?
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