Tag Archives: “Governor Cuomo”

Is this the Future of Adaptation? Who Pays to Avoid the Cost of Coastal Flooding?

The New York Times reported today that Governor Cuomo is proposing to spend $400 million to buy out owners of property to avoid a recurrence of the damage caused by Hurricane Sandy.  I have to say that I have been persuaded over the past few years that we cannot put all our eggs in the mitigation basket, particularly since political gridlock in Washington has prevented much mitigation from occurring.… More