Assuming there at least 200 coastal communities that would be similarly impacted
ID: 285377 • Letter: A
Question
Assuming there at least 200 coastal communities that would be similarly impacted, what would a rough total cost the US be for a 4 foot increase in sea level? (dollars/community * 200 communities)
The US uses 130 billion gallons of gasoline every year. If we decided to generate a mitigation fund over a 10 year time period by taxing gasoline, how much per gallon would be the tax? (total financial loss from sea level rise / total gasoline consumption over 10 years)
Briefly discuss who you think should bare the financial responsibility of the loss of property and why. (Homeowner, insurance company, city, state or US government, a gas taxes).
Explanation / Answer
1)$6,000,000,000(Assume that $30,000,000 for per community)
2)$4.63e-3($6,000,000,000 / (130,000,000,000*10))
3)
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