magine it is 2013 and you are working for the Civil Service at the time when the UK government is considering a range of policy options to address the financial risks of flooding. You have been asked to provide your head of department with a briefing on the following policy: Option X: Charging a 5% Climate Change Levy on the sale of newly built homes on designated areas such as floodplains. The money raised will be redistributed as an 8,000 grant to existing homes most at risk of flooding to provide for climate change remediation and adaptation measures