Sea level rise could cost port cities $28 trillion

[Louisiana1976]

London, England (CNN) -- A possible rise in sea levels by 0.5 meters by 2050 could put at risk more than $28 trillion worth of assets in the world's largest coastal cities, according to a report compiled for the insurance industry.

The value of infrastructure exposed in so-called "port mega-cities," urban conurbations with more than 10 million people, is just $3 trillion at present.

The rise in potential losses would be a result of expected greater urbanization and increased exposure of this greater population to catastrophic surge events occurring once every 100 years caused by rising sea levels and higher temperatures.

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http://www.cnn.com/2009/TECH/science/11/23/climate.report.wwf.allianz/index.html

[Dead_Parrot]

1. Drop in the ocean.

I'm sure some will.