Thursday, August 18, 2022
The Green Market Oracle
  • Climate Change
    • Greenhouse Gas Emissions
    • Biodiversity
    • Wildfires
    • Extreme Weather
  • Energy
    • Renewables
    • Nuclear Power
    • Fossil Fuels
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Social Change
    • Activism
    • Disinformation
    • Education
    • Psychology
    • Gender Equality
  • Business and Economics
    • Leadership
    • Decarbonization
    • Economics
    • Supply Chains
    • Investing
  • Technology
    • Carbon Removal
    • Carbon Capture
    • Transportation
    • Buildings
    • Food
No Result
View All Result
  • Climate Change
    • Greenhouse Gas Emissions
    • Biodiversity
    • Wildfires
    • Extreme Weather
  • Energy
    • Renewables
    • Nuclear Power
    • Fossil Fuels
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Social Change
    • Activism
    • Disinformation
    • Education
    • Psychology
    • Gender Equality
  • Business and Economics
    • Leadership
    • Decarbonization
    • Economics
    • Supply Chains
    • Investing
  • Technology
    • Carbon Removal
    • Carbon Capture
    • Transportation
    • Buildings
    • Food
No Result
View All Result
The Green Market Oracle
No Result
View All Result
Home Other

The Costs of Flood Damage will Rise Along with Sea Levels

by Richard Matthews
December 9, 2013
in Other
0

Flooding is a very expensive corollary of global warming. While we cannot connect individual weather events directly to global warming, the storm that hit Europe in early December is nonetheless a powerful reminder of what the future will look like as the world continues to warm. Much of the billion dollars worth of damage caused by Xaver is due to flooding caused by storm surges.

As global warming continues and ice keeps melting, sea levels will keep rising which will increase the damage caused by storm surges. A warmer planet not only increases the volume of sea water, it is also expected to increase precipitation in places that need it least. As reported by 350.org, global warming has already raised global sea level about 20 cm since 1880, and the rate of rise is accelerating. Scientists expect roughly 60 to 210 more cm of sea level rise this century, depending on whether or not we can limit greenhouse gas emissions (GHGs).

Flooding is a very costly phenomenon. A 2013 study in Nature concluded that flooding could cost the world’s cities $60 billion a year, even with major investments in flood protection. If we don’t make those investments, the cost could be up to $1 trillion a year.

These costs underscore the importance of moving away from energy sources that produce GHGs.  However fossil fuel companies in Europe and elsewhere are actively resisting efforts to engage more renewable sources of energy.

As many in Europe are working to strengthen that continent’s 2030 carbon reduction goals, fossil fuel interests like the Magritte Group, (a coalition of the CEOs of Europe’s largest energy companies), are actively campaigning to decrease climate regulations.

Related Articles
Melting Arctic Ice and Flooding
Biblical Colorado Flooding and the Cost of Climate Change
Unprecedented Heavy Rains in Japan and Climate Change Impacts in the Summer of 2013
Flooding from Climate Change will Submerge 1700 US Cities by 2100
Global Extreme Weather 2013 Timeline (Tiki-Toki)
Tornadoes and Floods Underscore the Costs of Global Warming

Extreme Weather and the Costs of Climate Change

Video – Sea Level Rise: A Slow-Motion Disaster
Video – Forced Migration from Sea Level Rise: The Marshallese are Losing their Homeland
UCS Facts Sheet on Global Warming and Sea Level Rise
Global Warming and Sea Level Rises on the US East Coast
Infographic – Sea Level Rise and Global Warming

ShareTweetShare
Previous Post

Infographic – Renewable Energy Grades by State

Next Post

Infographic – US Renewable Portfolio Standard Policies by State

Related Posts

Seasons Greetings from the Green Market Oracle

by Richard Matthews
December 24, 2021
0

American Courts are Defending Democracy and the Environment

by Richard Matthews
December 14, 2020
0

Despite unprecedented challenges, America's legal system has held. In recent weeks the courts have repeatedly defended democracy and in the last four years they have overturned a wide range of environmental...

Environmental Plebiscites: Municipal Referendums and State Ballot Initiatives

by Richard Matthews
November 12, 2020
0

The November 3rd election not only elected an environmentally responsible president it also gave Americans a chance to vote on environmental issues in five state ballots and two city referendums. Americans ...

Next Post

Infographic - US Renewable Portfolio Standard Policies by State

Leave a Reply Cancel reply

Follow Us

  • Facebook
  • Twitter
  • Email
  • LinkedIn
  • Reddit
  • SoundCloud

Subscribe to the Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

time is running out and climate change is driving extreme global heat waves
Climate Change

How Many Heat Waves Will it Take for us to Act on Climate Change?

by Richard Matthews
August 8, 2022
0

Despite steady increases in global temperatures and years of ever more deadly heat waves, we are not doing anywhere near...

Read more

Nuclear Power Versus Renewable Energy

July 20, 2022

Nuclear Energy Versus Fossil Fuels

July 5, 2022
different types of economic systems assessed by sustainable development goals

Types of Economies and their Implications for Sustainability

June 28, 2022
The facts about Nuclear Energy reveal that it is safe and clean but it is not renewable

Fact Check Reveals Nuclear Energy is Safe and Clean but not Renewable

June 13, 2022
  • About
  • Climate Change
  • Energy
  • Business and Economics
  • Politics
  • Technology
  • Social Change
  • Events
  • Other

© 2021 Copyright The Green Market Oracle.

No Result
View All Result
  • Business and Economics
    • Leadership
    • Supply Chains
  • Economics
  • Energy
    • Renewables
    • Nuclear Power
    • Fossil Fuels
  • Climate Change
    • Greenhouse Gas Emissions
    • Biodiversity
    • Extreme Weather
    • Wildfires
  • Investing
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Technology
    • Buildings
    • Carbon Capture
    • Food
    • Transportation
  • Social Change
    • Education
    • Activism
    • Psychology

© 2021 Copyright The Green Market Oracle.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In