coastal communities News

AAA Bond Ratings Still Being Issued to Coastal Cities Threatened by Climate Change

Last fall, after a trio of deadly hurricanes, ratings companies warned vulnerable coastal cities to get ready for climate change – or face higher borrowing costs on the $3.9 trillion municipal bond market. Climate advocates cheered, hoping the prospect of …

AGCS Report: As Hurricanes Increase in Severity, Costs Balloon

A new report by Allianz Global Corporate & Specialty (AGCS) outlines how increasingly destructive storms and their extraordinary costs are becoming a “new normal” in the U.S. The average amount paid for extreme events, including windstorms, by insurers between 1980 …

California Predicts Oceans Could Rise Higher Than Earlier Estimates

New climate change findings mean the Pacific Ocean off California may rise higher, and storms and high tides hit harder, than previously thought, officials said. The state’s Ocean Protection Council on Wednesday revised upward its predictions for how much water …

Coastal Communities in Massachusetts Hit Hard by Juno

Some of the areas hardest hit by the blizzard that tore through the state were on the coastline, where oceanfront homes took the brunt of raging seas. In Marshfield, officials were still assessing the damage but said at least four …

Climate Change Forces Coastal Communities to Consider Options

In Connecticut, the global issue of climate change is being confronted locally. The Day of New London reports that in Old Saybrook, a municipal panel met for the first time last week to consider how to help the low-lying coastal …

Japanese Town Haunted by Loss a Year After Tsunami

The squat 71-year-old fisherman turns his ruddy, weathered face toward the top of the hillside cemetery. With a heavy heart, he climbs steadily past row after row of tall tombstones, a bucket of water in each hand. Takayuki Sato is …