What Would a Devastating Earthquake in California Look Like? An example is the magnitude 6.2 earthquake that hit New Zealand on Feb. 22, 2011, that left physical, economic and psychological aftershocks that continue. The quake redrew the geography of Christchurch, which is flatter and smaller now. Some excerpts:
The Christchurch rebuild is expected to cost $26 billion, according to an estimate by the Reserve Bank, making it New Zealand’s single biggest economic challenge.
“After the earthquake, we all sort of thought — oh, five years and the central city will be back to normal. And it was oh, probably 10. And then 15. And then 20. And so it goes on,”
The economic blow for many was lessened by New Zealand’s high rate of earthquake insurance.
Conserving the Floodplains Could Save Billions of Dollars. In most of the U. S., particularly along the Mississippi River, it would cost taxpayers less to buy and conserve vacant land in floodplains now than to pay federal insurance claims and recovery funds over the next 30-100 years.
A bit of a diversion from the main focus of this blog, but this technical paper on hazard mitigation is worth noting: If Mitigation Saves $6 Per Every $1 Spent,Then Why Are We Not Investing More?A Louisiana Perspective on a National Issue. Authors are Melanie Gall and Carol J. Friedland. Here is the URL for direct accessto the 16 page paper.
From Govtech: Pilot Will Look at Cascading Consequences During Disaster. The resiliency plan will focus on how critical infrastructure would continue to function post-disaster, e.g., the study could examine how a wastewater utility would continue operating if it lost its chlorine supplier.