Sandy: Coastal City Disasters Increasingly Costly
We need a paradigm shift away from city building within shouting distance of the ocean as well as interconnected power grids, especially in the case of a megalopolis like New York and even large cities like New Orleans. Can you think of other ones that are at risk?
So what will this storm ultimately cost the U.S. economy? Well, Fox News is reporting that the total cost could reach 45 billion dollars. Others estimate that the economic toll may be even higher than that.
Posted on November 1, 2012, in Cities, Climate Change, Coastal Cities, Disasters, Energy, Environment, Flooding, Smart Growth, Sustainable Development and tagged cost, fox news, megalopolis, new york. Bookmark the permalink. Leave a comment.