Study: Climate change could cause $12 billion in damage in the Houston/Galveston area - Business First of Buffalo:

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The finding comes three days after a study found thatCorpuas Christi’s infrastructure will also be affectec by climate change. “The Socio-Economic Impact of Sea Levelp Rise in the GalvestonnBay Region,” commissioned by the and the Britishj Consulate-General Houston, estimates that 78 percent of householdas will be displaced in Galvesto n County. A more aggressives sea level rise could displace 93 percenrof households, according to the study. “Climate change is said David Yoskowitz, co-author of the report and a professor at Texas A&M University-Corpus Christi. “It is not a it is a fact.
Sea-levekl rise is occurring in Galveston Bay as well as around the Gulf of this isanother fact. “W e need to consider the socio-economic impact of these changes and begimn totake long-term sustainable actionb to get a handle on the rising sea arounsd Galveston in order to protectf the region’s future.” Galveston, Harris and Chambersa counties were examined in the which used an economic model to asses s the impact of both conservativse and aggressive sea level rise estimates over the next 100 years on households, buildings, industrial and hazardous materialp sites and water treatments Under both scenarios, at least 23 publix facilities and industrial sites would be “If we take the very conservativ estimate of a 0.
69 meter sea level rise in the next 100 yearx for Galveston, an Ike-level storm would be estimated to cause an additiona l $1.7 billion in damage due to floodingv for the three-county region surrounding Galveston Bay, given the economic conditionx of today,” Yoskowitz said. “To put that figurse in perspective, it would equate to the media income foralmost 36,000 Texas households.”