The Invading Sea
  • News
  • Commentary
  • Multimedia
  • Public opinion
  • About
No Result
View All Result
The Invading Sea
  • News
  • Commentary
  • Multimedia
  • Public opinion
  • About
No Result
View All Result
The Invading Sea
No Result
View All Result

Flood insurance costs soaring in Florida; study shows Cape Coral’s vulnerability to climate change

Flood insurance rates are doubling, even tripling for thousands of homeowners

by Nathan Crabbe
May 17, 2023
in News
0

A roundup of news items related to climate change and other environmental issues in Florida: 

Flood insurance costs will soar in Florida. See the expected increases in your ZIP code | Miami Herald

Cars pass through a flooded road during Hurricane Nicole in Palm Beach in 2022. (iStockphoto image)

Brace for a few years of flood insurance rate hikes, South Florida. And they’re going to be steep — doubling, even tripling for thousands of homeowners.

FEMA has changed the way it calculates flood insurance prices. Instead of relying on old flood zone maps covering broad areas, it’s now basing premium prices on a wider range of factors, like an individual property’s distance from the ocean, rainfall levels and the cost to rebuild a home.

Last month, for the first time, FEMA shared estimates for what that will mean for the average flood insurance premium by ZIP code. For the worst-hit ZIP code in South Florida — 33469, a stretch of coastal Palm Beach County that covers parts of Jupiter and Tequesta — that will mean a 342% premium increase, on average.

Read more 

Climate change and hurricanes: Cape Coral singled out in new study. What we know | The News-Press

Hurricane Ian (NOAA, via Wikimedia Commons)

As terrible as Hurricane Ian was for so many of us in Southwest Florida, a new study reveals one part of the geography here will be more vulnerable than other locations in the future as the climate continues to change.

Cape Coral.

The Cape is one of the fastest growing cities in the U.S. with a population now exceeding 200,000. When Hurricane Ian slammed the Southwest Florida coast on Sept. 28, 2022, Cape Coral, along with Fort Myers Beach, Sanibel Island and Pine Island, was hit particularly hard. Power outages. Flooding. Excessive wind damage. These were the “highlights” from a storm that residents and businesses are still recovering from almost eight months later.

Read more 

More efficient? Duke Energy is building a floating solar farm on a cooling pond in Bartow | The Ledger

Duke Energy has begun construction on a floating solar project at its Hines Energy Complex in Bartow.  

The two-acre pilot on water will include 1,800 solar modules that can produce nearly 1 megawatt of electricity and about 1 million kilowatt-hours annually. 

The floating array at 7700 County Road 555 in Bartow will be installed starting this month on an existing 1,200-acre cooling pond, which was once a phosphate mining pit. At peak output, the array could generate enough electricity to power nearly 100 local homes. 

Read more 

If you have any news items of note that you think we should include in our next roundup, please email The Invading Sea Editor Nathan Crabbe at ncrabbe@fau.edu. Sign up for The Invading Sea newsletter by visiting here.

Tags: BartowCape CoralDuke EnergyFederal Emergency Management AgencyfloodingHurricane IanJupiterPalm Beach Countyproperty insurancesolar powerTequesta
Previous Post

Broad climate change concern in Florida linked with recent extreme weather

Next Post

Florida’s marine parks help save endangered species

Next Post
Penguins at Sea World Orlando (zannaland, CC BY-SA 2.0, via Wikimedia Commons)

Florida’s marine parks help save endangered species

Twitter Facebook Instagram Youtube

About this website

The Invading Sea is a nonpartisan source for news, commentary and educational content about climate change and other environmental issues affecting Florida. The site is managed by Florida Atlantic University’s Center for Environmental Studies in the Charles E. Schmidt College of Science.

 

 

Sign up for The Invading Sea newsletter

Sign up to receive the latest climate change news and commentary in your email inbox by visiting here.

Donate to The Invading Sea

We are seeking continuing support for the website and its staff. Click here to learn more and donate.

Calendar of past posts

May 2023
S M T W T F S
 123456
78910111213
14151617181920
21222324252627
28293031  
« Apr   Jun »

© 2022 The Invading Sea

No Result
View All Result
  • News
  • Commentary
  • Multimedia
  • Public opinion
  • About

© 2022 The Invading Sea

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In