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Hurricane Ian s Devastation Shows the Challenge of Pricing Climate Risk

As severe weather events become more frequent, pricing the risk associated with them will only get trickier.

More than $34B in US real estate could flood by 2050, analysis finds

Paying out to avoid paying up

Rising seas could submerge hundreds of thousands of buildings in the US by 2050

Rising seas will likely mean rising taxes

Scientists have tried, for decades, to raise public awareness of climate change. Now, economists are weighing in – warning that as coastal communities lose land to sea level rise, taxes will also go up – even inland. As Sandy Hausman reports, they assessed the likely impact on more than 250 coastal counties and concluded the situation could be especially bad in Virginia.

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