Who will pay for the huge costs of holding back rising seas?

Ocean City flooded by winter storm, jersey shore

JIM MORRISON / YALE ENVIRONMENT 360 – For cities in the United States, the price of infrastructure projects to combat rising seas and intensifying storms is coming into focus — and so is the sticker shock.

In Boston, where many neighborhoods have been built and recently expanded in low-lying areas, an estimated $2.4 billion will be needed over the next several decades to protect the city from flooding, one study says. That report came as the city abandoned plans to build a harbor barrier that would have cost between $6 billion and $12 billion, which researchers concluded was economically unfeasible.

In Charleston, South Carolina, the mayor said last year that the city, which floods regularly during high tides, had an estimated $2 billion in needed drainage projects …

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