Study: Climate change could cause $12 billion in damage in the Houston/Galveston area - Birmingham Business Journal:

hyperwave-exhausted.blogspot.com
The finding comes three days after a study found thatCorpus Christi’s infrastructure will also be affectedr by climate change. “The Socio-Economic Impact of Sea Level Rise in the GalvestonmBay Region,” commissioned by the and the Britisnh Consulate-General Houston, estimates that 78 percent of householde will be displaced in Galveston County. A more aggressive sea levepl rise could displace 93 percent of according tothe study. “Climate change is said David Yoskowitz, co-author of the report and a professot atTexas A&M University-Corpus Christi. “It is not a it is a fact.
Sea-level rise is occurring in Galveston Bay as well as arounds the Gulfof Mexico, this is another fact. “Wde need to consider the socio-economic impact of these changes and beginh totake long-term sustainable action to get a handle on the risinb sea around Galveston in order to protec t the region’s future.” Galveston, Harri and Chambers counties were examined in the which used an economic model to assesds the impact of both conservative and aggressive sea levelo rise estimates over the next 100 years on households, buildings, industrial and hazardous material sites and watert treatments plants.
Under both scenarios, at least 23 public facilitiez and industrial sites wouldbe impacted. “Ig we take the very conservative estimate ofa 0.69 meter sea leveo rise in the next 100 years for an Ike-level storm would be estimated to cause an additional $1.7 billion in damage due to floodinb for the three-county region surrounding Galvestoj Bay, given the economic conditions of today,” Yoskowitz said.
“T put that figure in perspective, it would equated to the median income foralmost 36,000 Texas