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Insight: Flooded New York plans to tame the sea, but who pays?
Nov 3rd 2012, 05:26

NEW YORK (Reuters) - When Jeroen Aerts, a Dutchman tasked with crafting a plan to defend New York City from flooding, first looked at its coastline seven years ago, he was taken aback by how vulnerable it was. Unlike some of the other large cities around the world, such as London and Amsterdam, that have comprehensive flood defense systems with levees and storm surge barriers, New York was completely at the mercy of the elements. "I was looking at the water and wondering - where are the levees?" said Aerts, a professor of environmental risk management at the VU University in Amsterdam and an adviser to New York City. "Nobody was doing anything on flood risk." As the devastation after super...

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