CCBJ Vol IX No 10-12: Climate Change Markets in Transportation
While the Trump Administration will likely cut federal funding for research into climate impacts on transportation systems, others like state DOTs, regional MPOs and local governments will continue to incorporate climate risks into planning, design and O&M of transport infrastructure. Ironically, Trump may indirectly support adaptation if his promised infrastructure bill passes, since designing for sea level rise and other climate impacts has become common practice. The climate change consulting market for transport agencies is dynamic, especially in coastal regions, and still in its early phases. Highly vulnerable states like New York, Virginia and Florida are just beginning to map out what will be decades-long adaptation strategies. DOT officials in Inland "red" states like Idaho know they're not immune, and projects described here show how consultants help states assess vulnerabilities and prioritize assets for upgrading.
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