CNBC's Diana Olick is reporting on the potential damage from rising seas caused by climate change. 

A new study reveals that coastal land sinking, coupled with sea-level rise due to climate change, significantly increases the risk to coastal communities. The sinking, up to five millimeters per year in some areas, accelerates relative sea-level rise, doubling flooding frequencies and reducing preparation time for cities. The study, involving space-based radar satellites, highlights the impact on over 2 million people and 800,000 properties along the U.S. East Coast. Factors like groundwater extraction and dam construction contribute to the sinking, urging immediate action to mitigate its effects on infrastructure and the economy.

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Source: CNBC

(This article was written with assitance from ChatGPT)

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