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Flooding costs will soar in a warming world, economic analysts say

2016-06-15 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Texas Climate News: In 2005, costs from flood damage in Texas were estimated in the vicinity of $3 billion. Houstons devastating Memorial Day flooding last year brought costs estimated above $45 million. Now, a punishing series of major flood events this year have Texans, particularly in and around Houston, increasingly discussing with renewed interest some questions that have floated around for years. Questions, for instance, about restricting development in flood prone areas, about slowing (and maybe reversing)...

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