I predict government-subsidized flood insurance for coastal properties.

Space/Science » in reply to Just as water has to go somewhere, money has to come from somewhere

ER — 10/2/2015 11:15:18 PM (archived)

Along with all sorts of taxpayer-funded public works flood control projects to protect high-end commercial, industrial and residential real estate on the coast. This will allow continued development of coastal real estate no matter how much sea level rises. This is what you might call a "free market solution".

Where will the $ come from? Bond issues, paid for by property taxes levied on folks who don't live anywhere near the water. Hey, I live in Florida. That's how we've always handled flooding.

The whole thread (16 posts)

Sea Ice Concentration, 6 Sep 2015 - ER - 9/29/2015 3:58:53 PM
- Just an FYI - SDAI-Tech - 10/7/2015 8:02:27 AM
  - I really hope TB is reading this. - ER - 10/7/2015 4:14:04 PM
- I remain hopeful. - Jody - 9/30/2015 12:46:13 AM
  - Who needs STEM? - ER - 9/30/2015 1:36:56 AM
    - I think that if it didn't polarize - Jody - 9/30/2015 5:25:21 PM
      - Rush is Rush. - ER - 9/30/2015 5:49:49 PM
- This is chilling - SDG - 9/29/2015 8:17:08 PM
  - I could spend a day debunking all this stuff. - SDAI-Tech - 10/7/2015 8:28:26 AM
  - Interesting, yes. Encouraging, no. - mcfly - 9/29/2015 11:41:34 PM
  - It seems ironic, - ER - 9/29/2015 8:36:54 PM
    - Record Warmest - SDG - 10/1/2015 3:10:48 PM
      - This shouldn't be a politically charged issue at all. - ER - 10/1/2015 6:37:30 PM
        
        Just as water has to go somewhere, money has to come from somewhere - mcfly - 10/2/2015 9:25:44 PM
        
        I predict government-subsidized flood insurance for coastal properties. - ER - 10/2/2015 11:15:18 PM
        
        The ten lowest arctic ice years - ER - 10/1/2015 7:30:14 PM

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