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Flood-Prone Land Likely to Increase by 45% -- a Major Challenge to Federal Insurance Program

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phantom power Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 09:41 AM
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Flood-Prone Land Likely to Increase by 45% -- a Major Challenge to Federal Insurance Program
CHICAGO -- A three-year study to determine the possible impacts of climate change on federal flood insurance will warn of huge increases to the amount of land that could be inundated by rising sea levels, heavier downpours and stormier coastlines.

The size of the nation's flood plains is expected to grow by 40 or 45 percent over the next 90 years, says the study, which is scheduled to be released later this summer.

That prediction envisions waves of seawater pushing deeper inland during strengthening storms as oceans rise between 0.75 and 1.9 meters by the year 2100. In river valleys and other low-lying flow ways, more rainwater could routinely reach onto areas where current flooding is rare.

Stretching the flood plains could encircle millions of new homes and businesses and expand the National Flood Insurance Program (NFIP) beyond its current volume of 5.6 million policies that protect property valued at $1.2 trillion from water damage. The study estimates that the program's policies could double in number by century's end.

http://www.nytimes.com/cwire/2011/07/22/22climatewire-flood-prone-land-likely-to-increase-by-45-a-19117.html?partner=rss&emc=rss
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