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Gail Wynand posted:Longer term climate change puts Chicago in a very enviable position and it becomes a new boomtown. It's interesting to compare Chicago to Manhattan on this issue. I don't want to make this thread about climate change, but it's central to NYC's future. It's plausible at this point that the consensus view of climate change (as embodied in the IPCC reports) is overly conservative, and we'll likely see faster than expected sea rise and extreme weather in our lifetime. The implication is that NYC will see Hurricane Sandy-style flooding on an increasingly regular basis, and there's really nothing to prevent a similarly sized storm from hitting NYC over the next 10 years. After enough devastation the insurers or bankers will give up and ultra-expensive Lower Manhattan real-estate will be worth far less, profoundly affecting the city's economy. NYC MIGHT get lucky and the next major storm doesn't happen until after planned infrastructure improvements are completed, but this is completely up to chance. A recent Rolling Stone article had a decent summary of the issue: http://www.rollingstone.com/politics/news/can-new-york-be-saved-in-the-era-of-global-warming-20160705 To summarize, Manhattan is a castle in the sand and no-one knows how long the illusion will last. It is actually difficult to predict what the city will look like in 10-20 years.
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Sep 3, 2016 22:49
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| # ¿ May 21, 2024 05:41 |
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