Not exact matches
This is a HUGE negative for residents
in coastal cities like New York and San Francisco where
property tax alone can be $ 18,000 a year based on the median home price of $ 1.5 M. Further, a taxable income of over $ 400,000 means a
state income tax amount of over $ 26,000.
In that lawsuit, which is still pending, he accused them of «a concerted effort by
state and local officials to single out, coerce and harass one
coastal property and its owner for refusing to cede its private
property rights.»
A
coastal buyback program, which is one proposed solution
in our priority adaptation bill, would allow the
state to purchase
properties that suffer chronic storm damage.
If the killing of persons and destruction of
property by unlicensed armed millitias can take place
in the
state, then those
coastal and border
states of the nation are not safe.
There is $ 2.3 trillion of insured
coastal property at risk
in New York
State alone.
The report quantifies the economic benefits of
coastal wetlands
in reducing
property damage from storms and flooding
in the northeastern United
States.
Worldwide, from 1980 to 2009, floods caused more than 500,000 deaths and affected more than 2.8 billion people.18
In the United States, floods caused 4,586 deaths from 1959 to 200519 while property and crop damage averaged nearly 8 billion dollars per year (in 2011 dollars) over 1981 through 2011.17 The risks from future floods are significant, given expanded development in coastal areas and floodplains, unabated urbanization, land - use changes, and human - induced climate change.
In the United
States, floods caused 4,586 deaths from 1959 to 200519 while
property and crop damage averaged nearly 8 billion dollars per year (
in 2011 dollars) over 1981 through 2011.17 The risks from future floods are significant, given expanded development in coastal areas and floodplains, unabated urbanization, land - use changes, and human - induced climate change.
in 2011 dollars) over 1981 through 2011.17 The risks from future floods are significant, given expanded development
in coastal areas and floodplains, unabated urbanization, land - use changes, and human - induced climate change.
in coastal areas and floodplains, unabated urbanization, land - use changes, and human - induced climate change.18
Among the economic costs climate change is expected to enact on the United
States over the next 25 years are: $ 35 million
in annual
property losses from hurricanes and other
coastal storms, $ 12 billion a year as a result of heat wave - driven demand for electricity, and tens of billions of dollars from the corn and wheat industry due to a 14 percent drop
in crop yields.