In 20 years, sea level rise will affect almost all coastal counties – and their obligations – MarketWatch

In 20 years, sea level rise will affect almost all coastal counties – and their obligations – MarketWatch

As if municipalities and bond investors don’t have enough to worry about a recession and declining tax revenues due to the coronavirus, a recent report from Moody’s Investor Service suggests that coastal states and local governments are face increased credit risks due to rising sea levels. More frequent and severe flooding threatens the economies, property […]

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