A research team at UVM says flooding may cost Vermont billions of dollars over the next 100 years. And they say low-income Vermonters could face the biggest price tags.
The research comes down to one thing: climate change could leave Vermont with a high price to pay for potential flood damages. That’s why this team says it is releasing its findings– to help Vermonters prepare for greater flooding, and they hope to show an urgent need for investing in floodplains.
The estimated price tag for the next 100 years of forecasted flooding in Vermont– $5.29 billion. That’s according to a University of Vermont research team that spent the last two years building the tools to make that hypothesis.