Can America Adapt Its Waterfronts Before They Drown?
"Even as seas have risen over the past century, Americans have rushed to build homes near the beach," says The Economist. "Storms that lash the modern American coastline cause more economic damage than their predecessors because there is more to destroy. The Great Miami Hurricane of 1926, a Category 4 storm, caused $1 billion-worth of damage in current dollars. Were it to strike today the insured losses would be $125 billion, reckons AIR Worldwide, a catastrophe-modelling firm. In 1992 Hurricane Andrew, a Category 5 storm, caused $23 billion in damage; today it would be twice that."
"A survey by the Massachusetts Institute of Technology found cities in America among the least likely, globally, to have plans for adapting to changing weather. But some, at least, are starting."