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Views from the blog-o-sphere

Views from the bog-o-sphereNew FEMA Study: Climate Change Will Greatly Increase Flood Risk, Debt

By Peter Lehner – Huffington Post Blog – June 19, 2013
The Federal Emergency Management Agency, in a study finally released last week after five years in the making, predicted that areas at risk of flooding in the United States would increase 45 percent by 2100, largely because of climate change. That prediction is dire news, not just for residents of flood zones, but for all taxpayers, who fund FEMA’s National Flood Insurance Program (NFIP). With flood risk on the rise, the program will have to insure 80 percent more properties than it does today, and the average loss for each property could rise as much as 90 percent–an increase in payouts that our government can ill afford.
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