Flooding and Protection
Rising sea levels pose significant risks, particularly to urban areas like Lower Manhattan, where protective measures such as sea walls are being considered. The economic implications of such infrastructure are profound, as relocating entire cities isn't feasible. While the allure of coastal living remains strong, the conversation around subsidizing such developments raises important questions about sustainability and risk management.In this clip
From this podcast
EconTalk
Robert Pindyck on Averting and Adapting to Climate Change
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