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(Some Guy)   "Who cares if Miami is six meters under water in 100 years? Amsterdam has been six meters underwater for ages and that is a really nice place. We will cope with it"   (investmentweek.co.uk) divider line
    More: Dumbass, Interest rate, Bank of England, Bank, Central bank, Financial services, Federal Reserve System, United Kingdom, Monetary policy  
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556 clicks; posted to Business » on 24 May 2022 at 2:35 PM (12 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



29 Comments     (+0 »)
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2022-05-24 12:11:14 PM  
Different geology.   South Florida is very porous limestone.  You can build all the dams you want, but he water will percolate underneath and up through the ground.

And there's always going to be the problem of stronger, wetter hurricanes.
 
2022-05-24 12:15:28 PM  
We will cope with global warming the same way we're coping with inflation. By cutting back when it's already way too late.
 
2022-05-24 12:16:18 PM  

Devolving_Spud: Different geology.   South Florida is very porous limestone.  You can build all the dams you want, but he water will percolate underneath and up through the ground.

And there's always going to be the problem of stronger, wetter hurricanes.


And salt water intrusion into farmland.
 
2022-05-24 12:32:21 PM  

Devolving_Spud: Different geology.   South Florida is very porous limestone.  You can build all the dams you want, but he water will percolate underneath and up through the ground.

And there's always going to be the problem of stronger, wetter hurricanes.


This; Miami is, basically, swampland.  There's always the chance of technology creating some type of barrier to keep the waters at bay.

Then again, New Orleans is 1-2 feet below sea level when it was built...and then Katrina showed up.
 
2022-05-24 12:47:48 PM  
It'll take decades and hundreds of billions to do it right, so of course that'll be the last thing they do.  It'll be derided as a boondoggle and waste of taxpayer money.

But hey, we can always afford to build a couple dozen more billion dollar sportsball complexes on the public dime, rather than asking team owners to cough it up.  That's responsible use of public funds.
 
2022-05-24 1:13:52 PM  
Difficulty level - we have a Florida tag for a reason
 
2022-05-24 1:14:47 PM  

markie_farkie: It'll take decades and hundreds of billions to do it right, so of course that'll be the last thing they do.  It'll be derided as a boondoggle and waste of taxpayer money.

But hey, we can always afford to build a couple dozen more billion dollar sportsball complexes on the public dime, rather than asking team owners to cough it up.  That's responsible use of public funds.


There will be a grift stage first, where a company in Texas with one employee is set up as the primary contractor. Real estate will change hands, some cursory initial construction, the contractor goes bankrupt, then it will be declared a boondoggle.
 
2022-05-24 2:08:52 PM  

Marcus Aurelius: We will cope with global warming the same way we're coping with inflation. By cutting back when it's already way too late.


Or cope with it like Coronavirus: ignore it and pretend it's over.
 
2022-05-24 2:24:30 PM  

Gubbo: Difficulty level - we have a Florida tag for a reason


Its worse than that:

HSBC Asset Management global head of responsible investing Stuart Kirk has questioned the risk climate change plays for financial markets, arguing that it is not one investors should worry about.

Now, I generally try to be reasonable and non-violent. I think people can change, even if they don't usually or its very slow.

But its getting real hard not to wish that this guy and every single one of these hedge fund f*cks ushering in the literal end of society to be Thanos snapped out of existence because that is some evil sh*t.
 
2022-05-24 2:28:30 PM  
And who will allocate tax dollars for us turning it into Amsterdam? *Crickets*
 
2022-05-24 2:37:13 PM  

Devolving_Spud: Different geology.   South Florida is very porous limestone.  You can build all the dams you want, but he water will percolate underneath and up through the ground.

And there's always going to be the problem of stronger, wetter hurricanes.


Also, Amsterdam had a government willing to seriously invest in infrastructure and they actually acknowledge that ocean levels are rising whereas FL has zero of that and is run by a neo-fascist culture warrior who would first have to acknowledge climate change is even real before addressing these rising ocean levels.

Florida is doomed to failure because they elect idiots who can't govern, only fight the culture wars (much like more than half of the rest of the states).
 
2022-05-24 2:43:37 PM  
Headline can be translated into:  "I am heavily invested in South Florida Real Estate."
 
2022-05-24 2:52:31 PM  
At this point it is clear that the world's billionaires have zero intention of avoiding climate catastrophe.

Their plan is to suck up as much of the earth's wealth as possible, as fast as possible, and use it to build fortresses and hire private armies so they they can ride out food shortages and put down any unwashed masses fleeing the unfolding disaster and civil unrest that will accompany it. I presume they believe that they and their heirs can hole up for a century or so while the depopulated earth allows the climate to repair.

So yeah, they DGAF if millions, or even billions, of people are displaced.
 
2022-05-24 3:15:12 PM  

Devolving_Spud: Different geology.   South Florida is very porous limestone.  You can build all the dams you want, but he water will percolate underneath and up through the ground.

And there's always going to be the problem of stronger, wetter hurricanes.


Nothing the free market can't solve.
 
2022-05-24 3:18:52 PM  
No, he's right, I think he should definitely invest a ton of money in south Floriduh real estate.

There can't be any problems because Floriduh has made discussing stuff Il Duce doesn't like illegal, so go ahead, plow a bunch of money into real estate development in Floriduh because there is absolutely no reason you shouldn't. LOL
 
2022-05-24 3:43:43 PM  
Well, for one thing, they have spent centuries putting forth massive capital expenditures and supreme effort to the problem. Florida mostly just denies it will happen.
 
2022-05-24 3:46:41 PM  
Yeah and if the climate was always warmer then it wouldn't be a problem because everything would be adapted to it. It's the change that's the problem.
 
2022-05-24 3:51:13 PM  

dr_blasto: Devolving_Spud: Different geology.   South Florida is very porous limestone.  You can build all the dams you want, but he water will percolate underneath and up through the ground.

And there's always going to be the problem of stronger, wetter hurricanes.

Also, Amsterdam had a government willing to seriously invest in infrastructure and they actually acknowledge that ocean levels are rising whereas FL has zero of that and is run by a neo-fascist culture warrior who would first have to acknowledge climate change is even real before addressing these rising ocean levels.

Florida is doomed to failure because they elect idiots who can't govern, only fight the culture wars (much like more than half of the rest of the states).


Yeah, I don't see Florida building something like Neeltje Jans, much less any of the crazy stuff they'll likely need to survive rising seas until the last second.
 
2022-05-24 4:33:44 PM  
The difference is the Netherlands actually planned ahead and did something about it.
 
2022-05-24 4:52:40 PM  
Uh y2k cost half a trillion dollars to fix so that it never became an issue, and there was a concerted international effort to fix it.

we aren't doing that for climate change, because of people like this idiot.
 
2022-05-24 4:54:21 PM  

Target Builder: At this point it is clear that the world's billionaires have zero intention of avoiding climate catastrophe.

Their plan is to suck up as much of the earth's wealth as possible, as fast as possible, and use it to build fortresses and hire private armies so they they can ride out food shortages and put down any unwashed masses fleeing the unfolding disaster and civil unrest that will accompany it. I presume they believe that they and their heirs can hole up for a century or so while the depopulated earth allows the climate to repair.

So yeah, they DGAF if millions, or even billions, of people are displaced.


fortunately it's very easy to see exactly where here in New Zealand Peter Thiel intends to build his bunker thanks to resource consent requirements and his inability to just do what he wants here.
 
2022-05-24 5:39:32 PM  
There will be a grift stage first, where a company in Texas with one employee is set up as the primary contractor. Real estate will change hands, some cursory initial construction, the contractor goes bankrupt, then it will be declared a boondoggle.

You sound like a pre-cog
 
2022-05-24 5:57:55 PM  
You cannot use dikes and pumps when the ground is limestone.

How do I explain this? The rock is porous. Water flows through the rock. Anything placed under sea level will have water come up, unless it's build like a boat with a waterproof shell. You cannot do the Dutch thing.

You can't. No.

You CAN use fill to raise the land level above the water. Miami is doing this to the roads IIRC. If you did this to all of Miami, it would be a sort of raised island. That is possible, very difficult but something that would work.

That's kinda beside the point, though. The point is fossil fuels are farking the earth and we live there. The assumption that we can handle anything with technology is idiotic. There are plenty of levels of bad that humans cannot survive, and others where survival is a miserable curse.
 
2022-05-24 6:02:11 PM  
Like New Orleans did?
 
2022-05-24 9:05:38 PM  

adamatari: You CAN use fill to raise the land level above the water. Miami is doing this to the roads IIRC. If you did this to all of Miami, it would be a sort of raised island. That is possible, very difficult but something that would work.


Some residents of beachfront condo just outside Miami would like to talk to you about the likelihood of that being completely competently and without corruption. At least they would if they weren't buried under hundreds of tons of debris.

If the people can be convinced to pay for the work, that money will be stolen. When asked to pay again, the people will refuse. Then, the state will drown.
 
2022-05-24 10:55:14 PM  

Devolving_Spud: Different geology.   South Florida is very porous limestone.  You can build all the dams you want, but he water will percolate underneath and up through the ground.

And there's always going to be the problem of stronger, wetter hurricanes.


Also - fresh water deposits limestone - salt water dissolves it.
All the shiat you assholes said was going to happen to California is actually going to happen to Florida.
It's going to just disappear.
 
2022-05-24 11:34:31 PM  

jso2897: Devolving_Spud: Different geology.   South Florida is very porous limestone.  You can build all the dams you want, but he water will percolate underneath and up through the ground.

And there's always going to be the problem of stronger, wetter hurricanes.

Also - fresh water deposits limestone - salt water dissolves it.
All the shiat you assholes said was going to happen to California is actually going to happen to Florida.
It's going to just disappear.


The last geological documentary I watched on the subject suggested that it's going to take on the order of tens of thousands of years for Florida to dissolve, which is like tomorrow on geological timescales, but other self-inflicted shiatbaggery's going to make it uninhabitable long before that.
 
2022-05-25 11:15:34 AM  

Rwa2play: New Orleans is 1-2 feet below sea level when it was built.


New Orleans was a lot of marshland that was pumped out with drainage, and then the soil subsided as the water was pumped out.
 
2022-05-25 11:49:14 AM  
Pictured - a Florida "strategy" for everything..

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