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One close analogy might be ocean alkalization / alkalinization, which could allow countries like Australia to protect the alkalinity of waters around important reefs while permanently sequestering CO2. But apparently that was outside the scope of this document.
Fascinating to look at existing numbers. The Netherlands' defense budget is 10+ billion EU. Australia spends AUS 500+ million on the reef. Looks as though typical costs in places like Venice, New Orleans are on the order of 1 billion per year.
All very approximate, and will likely go up in the near future. Reading up on flood insurance it's growing like gangbusters. NETs aren't practical at scale yet, but we're not so far off, either.
Reminds me of the situation with solar, where it was just too expensive, and then subsidies helped bring the price down so much that now it really is competitive. I wonder if there's a similar way to get NETs started, & start bringing the price down.
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