Andrew Bolt and the 1 m sea level rise

Andrew Bolt on his TV show today noted a map of Sydney Harbour showing minor changes to the coast line with a 1 metre sea level rise. Does that look so serious? he said.

It would seem unlikely that he would recall there was a lengthy assessment done a couple of years ago on the effect on the coast line of Australia of 1 m rise. From the executive summary:

Of the 711,000 existing residential buildings close to the water, between 157,000–247,600 properties are identified as potentially exposed to inundation with a sea-level rise scenario of 1.1 metres.

Nearly 39,000 buildings are located within 110 metres of ‘soft’ shorelines and at risk from accelerated - erosion due to sea-level rise and changing climate conditions.

The current value of existing residential buildings at risk from inundation ranges from $41 billion to $63 billion (2008 replacement value).

I presume replacement value does not include the loss of value of the land itself.

Anyway, what's $50 billion dollars in lost buildings between friends, Andrew?

It's about time he was more serious about the consequences of being wrong.