000 05113cam a2200469 i 4500
001 on1082542432
003 OCoLC
005 20191125133139.0
008 190502t20192019nyua b 001 0 eng
010 _a 2019011314
040 _aDLC
_beng
_erda
_cDLC
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_dOCLCF
_dCVM
_dJDP
_dWIM
_dTCH
_dVP@
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_dUAP
_dYDX
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019 _a1117710779
020 _a9780374160807
_qhardcover
_qalkaline paper
020 _a0374160805
_qhardcover
_qalkaline paper
024 8 _a40029419129
035 _a(OCoLC)1082542432
_z(OCoLC)1117710779
042 _apcc
043 _an-us---
092 _a363.3492
_bG269
049 _aNFGA
100 1 _aGaul, Gilbert M.,
_eauthor.
245 1 4 _aThe geography of risk :
_bepic storms, rising seas, and the cost of America's coasts /
_cGilbert M. Gaul.
250 _aFirst edition.
264 1 _aNew York :
_bSarah Crichton Books/Farrar, Straus and Giroux,
_c2019.
264 4 _c©2019
300 _a286 pages :
_billustrations ;
_c24 cm
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
504 _aIncludes bibliographical references (pages 256-271) and index.
520 _aThe costliest hurricanes in U.S. history have all occurred in the past two decades--but who bears the financial brunt of these monster storms? It is no accident that five of the most destructive hurricanes in the last hundred years have made landfall since 2005: Katrina ($161 billion), Ike ($40 billion), Sandy ($71 billion), Harvey ($125 billion), and Maria ($90 billion). And with more property than ever in harm's way, the seas rising, and the planet and its oceans warming dangerously, it won't be long before we see a $250 billion storm. Why? Because Americans have built $3 trillion worth of property in some of the riskiest places on earth: barrier islands and coastal floodplains prone to hurricanes and epic floods. And they have been encouraged to do so by what Gilbert M. Gaul reveals in The Geography of Risk to be a confounding array of federal subsidies, tax breaks, low-interest loans, disaster recovery grants, and government flood insurance programs that shift risk at the beach from private investors to public taxpayers, radically distorting common notions of risk and responsibility. Consider: In 1955, taxpayers covered just 5 percent of the cost of rebuilding after hurricanes. They now pay for 70 percent--sometimes more. These federal incentives, the two-time Pulitzer Prize-winning author Gaul argues, have resulted in one of the worst planning failures in American history, with the cost to taxpayers now reaching unsustainable levels. In prose that is at once deeply informed, clear, and entertaining, Gaul explores the history of the modern coast and how, over time, federal taxpayers far from the shoreline have become responsible for a shocking collection of coastal amenities and infrastructure: new roads, bridges, utilities, and streetlights; tennis courts, marinas, and gazebos; food, cars--even paying billions to widen the beaches of hedge fund owners. The Geography of Risk will forever change the way you think about the coasts, from the clash between economic interests and nature to the heated politics of regulators and developers. -- Dust jacket flap.
505 0 _aIntroduction: The old man and the sea -- Part I: Building the modern coast. Troubled waters ; 1. The deal of the century ; 2. Blue-collar houses ; 3. Manufacturing dirt ; 4. Five-high : the Ash Wednesday storm of 1962 -- Part II: The political economy of water. 5. The Bantam mayor ; 6. A brief shining moment ; 7. The revolt at St. Francis ; 8. Tipping point -- Part III: Disaster capitalism : catastrophies, subsidies, and bailouts. Acts of God and man ; 9. Federalizing disasters ; 10. A flood of trouble ; 11. The secret history of sand ; 12. The unluckiest island in America -- Part IV: The coming storm : fat tails, rising water, and the nature of risk. 13. Building a better hurricane ; 14. A finger in the dike ; 15. Drowning fast and slow ; 16. The problem with the bays -- Epilogue: The future is now.
520 _aIt is no accident that five of the most destructive hurricanes in the last hundred years have made landfall since 2005: Americans have built $3 trillion worth of property in some of the riskiest places on earth: barrier islands and coastal floodplains prone to hurricanes and epic floods. And they have been encouraged to do so by what Gaul reveals to be a confounding array of federal subsidies, tax breaks, low-interest loans, disaster recovery grants, and government flood insurance programs that shift risk at the beach from private investors to public taxpayers. -- adapted from jacket
650 0 _aHurricanes
_xEconomic aspects
_zUnited States.
650 0 _aHurricane damage
_zUnited States.
650 0 _aCoastal zone management
_zUnited States.
650 0 _aCoastal settlements
_zUnited States.
650 0 _aCoast changes
_zUnited States.
650 0 _aSea level
_zUnited States.
650 0 _aShore protection
_zUnited States.
994 _aC0
_bNFG
999 _c302321
_d302321