Greenland's Ice Melt Faster Than Expected.
Scientists are shocked at the rate that Greenland's Ice Sheet is melting, up by 250 percent during a period spanning May 2004 to April 2006. If the sheet were to completely melt, the sea would rise about 23 feet (7 meters). Take a look at this flood map, which means that all those billions the U.S. spent on the Katrina recovery is wasted, not to mention the enormous losses that would occur in other areas.
Me, I'm currently of the belief that we've already reached the runaway stage and there's nothing we can really do to stop it in a short enough time span to stem such a loss other than some very extreme measures which would completely collapse the global economy.
I also doubt that if such a melt were to occur that the insurance companies would stay afloat (excuse the pun) as they would go bankrupt trying to fill all the claims.
I'm not sure I'd want to own any property marked as being in the flood zone in the coming years.

