Three years ago, a deluge overwhelmed Highland Falls, N.Y. A murky river rushed through Main Street, and one woman was swept away with the currents after leaving her home.
Repairing Storm Damage Is Expensive. It’s Only Going to Get Worse.
Three years ago, a deluge overwhelmed Highland Falls, N.Y. A murky river rushed through Main Street, and one woman was swept away with the currents after leaving her home. Now, the Hudson Valley village has to spend...
Now, the Hudson Valley village has to spend half a million dollars a year just to pay the interest on the money it borrowed for crucial repairs.
Damaging storms are nothing new to the New York City metropolitan area. This summer alone, heavy rains and winds have downed power lines in Connecticut, submerged cars in New Jersey and the Bronx and turned parts of New York City’s fashionable SoHo neighborhood into a wading pond. With climate change, these storms will become stronger and more frequent.
They will also become more expensive.
New York State is projected to surpass half a trillion dollars on infrastructure spending related to climate change by 2050, according to a new report.
Source: The New York Times
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