Even with just a foot of sea level rise, the Hamptons will no longer be anybody's vacation spot. That could happen within decades.
The U.S. military is taking the threat very seriously. According to a New York Times article Wednesday, the Pentagon now considers climate change in general a direct threat to global stability and national security. Rising sea levels in particular imperil military installations around the world, including the important naval base at Norfolk, Va.
Millions of people around the globe live in coastal communities which will be at far greater risk than Navy facilities or the wealthy in NYC apartments with river views. Developing the coastlines in emerging markets will soon be anathema as those governments wake up to the encroaching destruction of those bright beaches and reestablish their urban centers on higher ground.
One of the most common of the many sarcastic witticisms global warming deniers like to repeat ad nauseam in the comments section of articles on TheStreet is this: "Here, let me write you a check."
But there's apparently nothing to be done. Quoted in the New York Times, one of the scientists, Dr. Ian Joughlin of the University of Washington, echoed the remarks of other scientists involved, noting that the ice sheet melt is slow but unstoppable.
"There's no stabilization mechanism," he said.
Nothing in nature. No program, no investible plan to correct this massive sea level rise. World economies will be drained from moving entire coastal cities, struggling to preserve the quality of public health and mitigate the worst personal risks.
Keep the check. Your kids will need it.
-- Written by Carlton Wilkinson in New York City