With multimillion-dollar homes at risk of falling into the sea, Nantucket grapples with who pays for climate projects and how much

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If Nantucket fails to reduce coastal risks by 2070, nearly 2,400 structures are at risk from coastal flooding and erosion, with damages costing $3.4 billion a year.

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Article Details

Author / Journalist: Seamus Webster

Category: EconomyBusiness

Markets: United States

Topics: Housing prices Climate change Real estate Home Prices Housing

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-22 @ 16:33:31 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 29 words

Reading Time: 1 minutes read

Sentences: 30 lines

Sentence Length: 1 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 21337866

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 17 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #95

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