Can you tell the exact price of global warming?
It seems that in some particular cases, the price tag of global warming is much more visible that what we expect it to be. And when general warnings and theoretical threats come down to specific facts and prices - the whole idea of climate change turns more and more inconvenient.
In this case, economist predict, that US. state, North Carolina will soon face billions of dollars of expenses caused by the global warming. The state at the south-east coast of the US has been identified as one of the United States' most vulnerable regions to climate change.
According to a recent report - done by three North Carolina universities and the Department of Global Change and Natural Systems at the Potsdam Institute in Germany, the low-lying coastline of North Carolina will be especially prone to hurricanes and erosion if ocean levels rise as projected between 1 foot and 3 feet over the next 25 to 75 years. The result would be more destructive hurricanes that will cause billions of dollars of damage to private property.
Estimates of the project said that by 2080, each hurricane could cause $157 million in damage. Researchers also expect the changing climate to affect coastal industries such as recreational fishing and beach tourism.
Labels: climate change, damage, expense, global warming, hurricane, North Carolina, price, price tag
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