Is the ocean broken?

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Coastal flooding could hit nearly 20% of global GDP as climate change accelerates storms, sea level rise

  • Coastal flooding made worse by climate change could damage assets worth up to $14.2 trillion by 2100 as rising seas inundate coastal homes and infrastructure, according to new research published in Scientific Reports.
  • Without investment in flood defense and a decline in greenhouse gas emissions, there will be an increase of about half of the world’s land, half of the global population and nearly half of global assets at risk of flooding by 2100.
  • Flooding will cause the most damage in the northeast U.S., northwest Europe, southeast Asia and northern Australia.
 
Climate change can be harmful one place while helpful another place.
Let Nature take its course.
 
From floating houses to houses that lift on hydraulic stilts.

There are already some economy boosting innovations in anti flooding house design. Expensive for some, an opportunity for others.

-Will (Dragonfly)
 
The same old ship.


Chinese ship crashing into a pedestrian bridge at the Ecuadorian Naval Shipyard on June 16th. The Chinese flagged FU YUAN YU LENG 999 lost control when entering a dock and only came to a stop after making contact with the bridge. The ship involved in the incident was seized by the Ecuadorian authorities in 2017 for fishing illegally in the Galapagos Islands. Upon its seizure, the factory fishing mother ship was found to contain 300 tons of fish including 6,000 finned sharks. Since its seizure, the vessel has been in the possession of the National Navy.
 
In post #111 I asked who was going to pay for protecting Miami or Florida from flooding. Never mind, it's the same old same old, other states will pay for it as the Federal government will pay for the majority of it. This article says the new form of climate denial is refusal to even think about the costs and logistics of agw rising sea level. Watch climate deniers change their tune and climb on the money wagon when it comes time to pay the bill. "I left my billfold in my corporate pants, but ya know, we're all in this together, amiright fellow working Americans?"

Who Will Pay for the Huge Costs of Holding Back Rising Seas?
U.S. coastal cities face billions of dollars in costs for the extensive infrastructure projects needed to protect against rising seas and worsening storms. From Boston to Miami, government officials are only beginning to grasp the enormous expense of what will be required.

By Jim Morrison • August 5, 2019

Who Will Pay for the Huge Costs of Holding Back Rising Seas? https://e360.yale.edu/features/who-will-pay-for-the-huge-costs-of-holding-back-rising-seas

Be ready for this to become standard operating procedure, everybody else gets to pay for others to live by the water. We already subsidize their flood insurance and pay for their disaster relief, now we get to improve their homes. I'm sure most of these people are similar to ones just about everywhere, rant and rave about TAxeS and sOCiaLIalISm and aGw HOaXeS but belly on up to the money trough quick enough. Tybee Island is a typical barrier island, 93% white and 3% black, compared to 18 miles away in Savannah, 38% white, 55% black. Try getting a grant in Savannah. For Tybee, $150,000 per house, free money.
"The City of Tybee Island is currently awaiting a response from FEMA within the next six months on another elevation grant. This next potential round of funding would allow 50 more homes on the island to be lifted."

Tybee homeowners start lifting houses with
$1.5 million FEMA flood mitigation grant

Our Changing Climate
by: Ashley Williams

Posted: Jun 25, 2020 / 02:40 PM EDT / Updated: Jun 25, 2020 / 06:21 PM EDT

Tybee homeowners start lifting houses with $1.5 million FEMA flood mitigation grant | WSAV-TV https://www.wsav.com/weather-news/our-changing-climate/tybee-homeowners-start-lifting-houses-with-1-5-million-fema-flood-mitigation-grant/

New Study Finds 40,000 Georgia Homes Worth $13 Billion will be at Risk from Tidal Flooding
About $139 Million in Annual Property Tax Revenue Also in Jeopardy

Published Jun 18, 2018

WASHINGTON (June 18, 2018)—Accelerating sea level rise, primarily driven by climate change, is projected to worsen tidal flooding in the U.S., putting as many as 311,000 coastal homes in the lower 48 states with a collective market value of about $117.5 billion in today’s dollars at risk of chronic flooding within the next 30 years—the lifespan of a typical mortgage—according to a new report by the Union of Concerned Scientists (UCS) released today. Roughly 14,000 coastal commercial properties assessed at a value of nearly $18.5 billion also are at risk during that timeframe. By the end of the century, 2.4 million homes and 107,000 commercial properties currently worth more than $1 trillion altogether could be at risk, with Georgia’s coastal real estate significantly exposed.

New Study Finds 40,000 Georgia Homes Worth $13 Billion will be at Risk from Tidal Flooding https://www.ucsusa.org/about/news/40000-georgia-homes-risk-tidal-flooding
 
Roughly 14,000 coastal commercial properties assessed at a value of nearly $18.5 billion also are at risk during that timeframe. By the end of the century, 2.4 million homes and 107,000 commercial properties currently worth more than $1 trillion altogether could be at risk, with Georgia’s coastal real estate significantly exposed.
Like I said, opportunity knocking here. It would be the Insurance industry lobbyists working to get government to fund the protection of their money. However, government money spent means jobs created to spend it on.

Haven't you read Orwell's 1984? To keep the economy going, don't repair and reuse, dispose of the old and buy new. If extra money needs to be spent on flood prevention/protection equipment, well then there's a whole new industry that can offer us even more opportunity to afford a new waterfront home.

-Will ("glass half full", Dragonfly)
 
New study uncovers more causes of coral bleaching

Large-scale coral bleaching is increasing due to climate change. The research was prompted by significant coral bleaching observed in the Red Sea in 2015. “Because 2015 wasn't actually one of the warmest summers on record, yet we were observing these really high rates of bleaching, we wanted to understand what were the factors that may be involved ,” says Dr Ellis.

Each year nutrient-rich waters from the Indian Ocean upwell in the Red Sea, bringing nutrients to the surface. Visible via satellite imagery, the upwelling arrived earlier than usual in 2015. “Our results clearly demonstrated that when you have the two things combining – heat stress along with excess nutrients – that's when we saw the exacerbation of coral bleaching,” says Dr Ellis.

The research was published in the journal Science Advances.
 



Like I said, opportunity knocking here. It would be the Insurance industry lobbyists working to get government to fund the protection of their money. However, government money spent means jobs created to spend it on.

Haven't you read Orwell's 1984? To keep the economy going, don't repair and reuse, dispose of the old and buy new. If extra money needs to be spent on flood prevention/protection equipment, well then there's a whole new industry that can offer us even more opportunity to afford a new waterfront home.

-Will ("glass half full", Dragonfly)
I guess then you go for what big brother is telling you. I always thought New Hampshire was chock full of independent liberty lovers, but here you are, using a socialist's book to promote shortsighted capitalist thinking, and here you are, advocating more government spending as a good thing. Jabbering on about the profits to be made on a global catastrophe rather than commenting on the 84% saved by planning. It explains your state motto Live Free (on government money) or Die! (from half-baked plans)
 
This one is about the people forced out by climate change...

Fleeing the climate: The 'great migration' ahead

by Marco Tedesco, Earth Institute at Columbia University
https://phys.org/news/2020-08-climate-great-migration.html

This one is about plants and animals forced out by climate change, it even puts a speed on the advance of climate change, 8" per hour...

Climate change forces animals and plants to flee equator
Plants and animals are fleeing the effects of climate change far faster than experts suspected, new research has shown.

Climate change forces animals and plants to flee equator https://www.scotsman.com/news/climate-change-forces-animals-and-plants-flee-equator-1664144

This one is about marine life forced out by climate change, run kelp forest, run...

Marine species ‘fleeing towards earth’s poles to escape rising ocean temperatures’
‘Some marine species appear to benefit from climate change, meanwhile some marine life is not able to adapt fast enough to survive’


Marine species 'fleeing towards earth's poles to escape rising ocean temperatures' https://www.independent.co.uk/news/science/rising-ocean-temperatures-marine-animals-poles-global-warming-a9428526.html

istock-1067406046.jpg
 
I always thought New Hampshire was chock full of independent liberty lovers, but here you are, using a socialist's book to promote shortsighted capitalist thinking, and here you are, advocating more government spending as a good thing.
;)


Most people I've mentioned "Libertarian" to, don't even know what it means. My son's high school history teacher taught his students that it was the moderate in between the Republicans and Democrats. And he was very political, supposedly someone well informed and paying attention.

-Will ("Libertarian", Dragonfly)
 
I always figured they were between The John Birch Society and the Tea Party. But here you are promoting shortsighted capitalist thinking and advocating more government spending as a good thing.
 
But here you are promoting shortsighted capitalist thinking and advocating more government spending as a good thing.
No, not promoting these things.
I am promoting this:

-Will (Dragonfly)
 
I rather favor this one.
 
Climate change: 'Unprecedented' ice loss as Greenland breaks record

Using data from the Grace and Grace-FO satellites, as well as climate models, the authors conclude that across the full year Greenland lost 532 gigatonnes of ice - a significant increase on 2012.

The researchers say the loss is the equivalent of adding 1.5mm to global mean sea levels, approximately 40% of the average rise in one year.

"The result for 2019 confirms that the ice sheet has returned to a state of high loss, in line with the IPCCs worst-case climate warming scenario," said Prof Andy Shepherd from Leeds University, who is the co-lead investigator for Imbie.

'This means we need to prepare for an extra 10cm or so of global sea level rise by 2100 from Greenland alone."

The study was published in the journal Communications Earth & Environment.
 
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