The cost of climate adaptation/protection: $20 billion in New York

This article is from the New York Times:

Mayor Michael R. Bloomberg outlined a far-reaching plan on Tuesday to protect New York City from the threat of rising sea levels and powerful storm surges by building an extensive network of flood walls, levees and bulkheads along its 520 miles of coast.

The mayor said the plan would initially cost about $20 billion, and eventually far more. The city would spend the money on fortifying infrastructure like the power grid, renovating buildings to withstand hurricanes and defending the shore, according to a 438-page report on the proposals.

This brings two questions to mind. First question: isn’t it strange that, at the state level, climate change is so well-accepted that Bloomberg can propose spending $20 billion… and yet, at the national level it’s still not accepted? Second question: what if all that money was spent on preventing climate change instead of adapting to it?

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