Damage from climate change may cost Alaska $10 billion
By Mica Rosenberg
Collapsing bridges, bursting sewer pipes and crumbling roads caused by global warming could cost Alaska up to $10 billion over the next few decades, researchers said.
Atmospheric temperatures in the northernmost U.S. state have risen by more than 3 degrees Fahrenheit (around 2 degrees Celsius) over the past five decades, Peter Larsen, a resource economist at the University of Alaska Anchorage, told a climate change conference in the Central American country of Belize.
Larsen led a study with a team of engineers to calculate how Alaska will cope with the highest temperatures it has experienced in the last 400 years, according to data gathered from ice cores.
“There is a rough magnitude of between $5 and $10 billion of public infrastructure that’s vulnerable to climate change just in Alaska,” Larsen said on Monday night.
Permanently frozen ground, or permafrost, covers nearly two-thirds of the massive state but buildings, pipelines, roads and bridges crumble as it melts, he said at this week’s meeting in Belize of Arctic peoples and tropical islanders who are suffering the worst effects of global warming.
An analysis of close to 20 types of public works in Alaska, from schools to municipal buildings, showed flooding and erosion will increase the burden on state finances.
Regular upkeep until 2080 would cost Alaska between $32 and $56 billion without the extra stresses, said Larsen.
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