Read the following passage and mark the letter A, B, C or D on you answer sheet to indicate the correct answer to each of the questions. 

SEA LEVEL

     Global sea level has been rising over the past century, and the rate has increased in recent decades. In 2014, global sea level was 2.6 inches above the 1993 average - the highest annual average in the satellite record (1993-present). Sea level continues to rise at a rate of about one eighth of an inch per year. Higher sea levels mean that deadly and destructive storm surges push farther inland than they once did, which also means more frequent nuisance flooding. Disruptive and expensive, nuisance flooding is estimated to be from 300 percent to 900 percent more frequent within U.S. coastal communities than it was just 50 years ago. 

     The two major causes of global sea level rise are thermal expansion caused by warming of the ocean since water expands as it warms, and increased melting of land-based ice, such as glaciers and ice sheets. The oceans are absorbing more than 90 percent of the increased atmospheric heat associated with emissions from human activity. 

     With continued ocean and atmospheric warming, sea levels will likely rise for many centuries at rates higher than that of the current century. In the United States, almost 40 percent of the population lives in relatively high-population- density coastal areas, where sea level plays a role in flooding, shoreline erosion, and hazards from storms. Globally, eight of the world's 10 largest cities are near a coast, according to the U.N. Atlas of the Oceans. 

     Sea level rise at specific locations may be more or less than the global average due to local factors such as land subsidence from natural processes and withdrawal of groundwater and fossil fuels, changes in regional ocean currents, and whether the land is still rebounding from the compressive weight of Ice Age glaciers. In urban settings, rising seas threaten infrastructure necessary for local jobs and regional industries. Roads, bridges, subways, water supplies, oil and gas wells, power plants, sewage treatment plants, landfills-virtually all human infrastructure-is at risk from sea level rise. 

What does the word "it" in paragraph 3 refer to?