200-year flow + principal trajectory
Solid: principal under preservation. Dashed: annual draw. Light: annual carbon-revenue inflow. Era color bands distinguish the five phases.
What each era funds, in priority order
Capacity-build EPCR. Capture cheap wins. Map federal-asset risk. Establish governance that survives 200 years.
Major hardening of identified-risk public assets. Protect what is here before the next-magnitude event.
Peak adaptation buildout coincides with peak hazard onset. Coastal hardening, agricultural transition, grid reorganization.
1.5–3m sea-rise scenarios in mid-range projection. Federal-asset relocations. Inland water reorganization. Heat infrastructure scaled to occupied-zone shifts.
Maintain prior buildout. Preserve principal against post-2229 regime nobody alive today can forecast. Tail-risk reserve grows.
200-year category mix
Sea-rise dominates Eras 3-4 as federal coastal assets reach relocation thresholds. Inland water + heat scale across the horizon. Tail-risk reserve protects against civilization-scale events.