Rising seas could swallow a million U.S. homes this century, new report says

Rising seas could swallow a million U.S. homes

Rising seas could swallow a million U.S. homes this century, new report says
(Image credit: Joe Raedle/Getty Images)

More than a million U.S. coastal homes and businesses could be flooded repeatedly and ultimately destroyed, with rising sea levels covering more than $370 billion worth of property in Florida and Louisiana alone by 2100, according to an report on global warming impacts released Tuesday by a bipartisan coalition of business and political leaders. "The big ice sheets are melting; something's happening...I say we should take out an insurance policy," Nixon's Treasury Secretary George Shultz said. Read more at The New York Times.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.