Sea Level Rise: Mitigation and Adaptation in the Risky Business Model

Jul 16th, 2014 | By | Category: Climate Change

Summary.  Sea level rise is caused by expansion of ocean water as the world’s temperature rises, and by net melting of glaciers, ice sheets and ice shelves.  Ice will continue melting as long as the temperature remains above the freezing point.

Sea level rise is already impacting coastal cities in the U. S. and elsewhere.  Regular flooding based on high tide schedules is now happening, for example, in South Florida and Norfolk, VA.

Climate models project future increases in sea level rise in all scenarios examined, for modeling as distant as 300 years from now.  This will clearly damage coastal cities around the world, inflicting major property damage and requiring extensive, expensive renovation projects.

The recent report by the Risky Business Project advocates taking a business-oriented risk assessment approach to global warming.  As applied to the occurrence of sea level rise, risk management involves assessing harms and evaluating investments in both adaptation to continued sea level rise and mitigation of continued global warming.  Such investments would benefit people by protecting them from future harms arising from sea level rise, and by expanding economic activity from new projects undertaken.

For more on this story, visit: Global Warming Blog by Henry Auer: Sea Level Rise: Mitigation and Adaptation in the Risky Business Model.

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