Mumbai, land at risk from 1.5m sea rise |
• Scientists are predicting the melting of the ice covering Greenland with a subsequent sea level rise of 7m.
• This rise does not factor in sea rise from the melting of Antarctica and other ice.
• Already many properties are likely to flood when a high tide is
combined with high local rainfall.
What were a hundred year rainfall events are
now ten year events.
• The frequency of high
rainfall events will increase with global heating and more and more
severe hurricanes are predicted because of warmer seas.
• Low coastal areas will be subjected to severe storm surges.
• Would you buy a property likely to be inundated in twenty years, fifty years, a hundred years? Many wouldn't. Even the perception of possible inundation will greatly affect property values. Some properties will become more expensive to insure or become impossible to insure
• When certain properties are in less demand their value falls.
• Would you buy a property with a value that is likely to fall?
• The view of Mumbai above shows areas likely to be inundated by a 1.5m and a 1.0m sea level rise.
• Property above a 10m rise will become highly sought after and will greatly increase in value.
Learn more about how sea rise inundation will affect India's property, indeed any property, at climatecentral.org
An original article by wewantclimateactionnowblogspot.com.au
Related:
Greenland shed ice at unprecedented rate in 2019; Antarctica continues to lose mass: EurekAlert
Melbourne: predicted flooding with a conservative sea level rise of only 1.5m
#sea level rise, #Greenland ice melt, #sea ice, #climateaction, #climatechange, #jailclimatecriminals, #cambio-climatico,
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