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International

Study predicts coastal flooding could cost $100 trillion a year by 2100

February 13, 2014 Reprints

Global warming-spurred coastal flooding could cost world economies $100 trillion a year by 2100, according to new research published in the Proceedings of the National Academy of Sciences.

At present, coastal flooding and storm surges cause between $10 billion and $40 billion in damage a year, Eco-Business reported.

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Study predicts coastal flooding could cost $100 trillion a year by 2100

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