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Full-Text Articles in Physical Sciences and Mathematics

Aligning Natural Resource Conservation, Flood Hazard Mitigation, And Social Vulnerability Remediation In Florida, Juliano Calil, Sarah Newkirk Aug 2017

Aligning Natural Resource Conservation, Flood Hazard Mitigation, And Social Vulnerability Remediation In Florida, Juliano Calil, Sarah Newkirk

Journal of Ocean and Coastal Economics

Flooding continues to be the most common and damaging of all natural disasters in the United States. In 2016, twelve individual weather and climate events caused more than $1billion in damages each. During 2016, the U.S. was hit by at least five once-in-1,000 years precipitation events, and severe floods resulted in more than $17 billion in damages. Currently, more than 5.5 million active policies under the National Flood Insurance Program, underwrite more than $1.6 trillion in assets. Since 1978, NFIP has paid out more than $38 billion in claims – nearly 30% was paid to the 1% of properties classified …


Economic Evaluation Of Coastal Land Loss In Louisiana, Stephen R. Barnes, Craig Bond, Nicholas Burger, Kate Anania, Aaron Strong, Sarah Weilant, Stephanie Virgets Jun 2017

Economic Evaluation Of Coastal Land Loss In Louisiana, Stephen R. Barnes, Craig Bond, Nicholas Burger, Kate Anania, Aaron Strong, Sarah Weilant, Stephanie Virgets

Journal of Ocean and Coastal Economics

Louisiana has lost approximately 1,880 square miles of land over the past eighty years. Projections suggest that in a future without action, the next fifty years could result in the loss of 1,750 additional square miles of land area. As land loss continues, a large portion of the natural and man-made capital stocks of coastal Louisiana will be at greater risk of damage, either from land loss or from the associated increase in storm damage. We estimate the replacement cost of capital stock directly at risk from land loss ranges from approximately $2.1 billion to $3.5 billion with economic activity …