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Taxing Risky Development: A New Tool For Increasing Coastal Resilience, James Daher
Taxing Risky Development: A New Tool For Increasing Coastal Resilience, James Daher
Michigan Journal of Environmental & Administrative Law
Coastal overdevelopment in the United States is a persistent issue. Climate change continues to increase the risk of flooding and other damage from natural disasters facing many coastal communities. Yet, development in some of the most at-risk areas has not slowed. Policies at the federal government level have encouraged such development by shifting costs of flood-related property damage from the property owner to taxpayers. At the same time, government actors at all levels are actively trying to protect their coastlines through coastal resilience projects. However, there are not enough funds to protect coastal property, especially at the state and local …