Shoring up the Energy Coast - Building climate-resilient industries along America’s Gulf Coast
19 Oct 2010
The US Gulf Coast already faces significant risk of hurricane damage. Climate change, combined with economic growth and land subsidence, could increase losses in the region by up to 65 percent over the next twenty years. As a result, affected communities could face cumulative economic damages of USD 350 billion from climate hazards by 2030, says a new study released by Entergy Corporation and supported by Swiss Re research.