(Bloomberg) — The warming Atlantic Ocean has raised therisk of another Hurricane Sandy.

And still, trillions of dollars of real estate andinfrastructure near the shores of New York City and northern NewJersey remain vulnerable to devastation.

A storm-surge barrier similar to those in Louisiana and parts ofEurope might protect the area, but politicians have questioned its$30 billion cost, effectiveness and environmental impact. A groupof scientists, planners and property owners is urging the U.S. Army Corps of Engineers to accelerate itsstudy of the project. It may take another hurricane to speed up theprocess.

Danger of rising sea levels increases

“The danger is increasing as the sea level rises,” saidMalcolm Bowman, an oceanographer at the StateUniversity of New York at Stony Brook, who is among the group.“It won't take a monster storm like Sandy to devastate theregion.”

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