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If you are a billionare, sea level rise is going to effect your wealth the MOST. Most of the wealthist cities in the world are along the coast. Sea level rise

If you are a billionare, sea level rise is going to effect your wealth the MOST. Most of the wealthist cities in the world are along the coast. Sea level rise is not going to have much negative effect in inner Mongolia or Midwest. So I am quite curious why rich people continue to ignore it. Maybe they actually believe it to be a good thing somehow ?

bproven 7y ago
Living for today and profit today is a common human trait. We (unfortunately) think in human lifespan as a "long time" and many don't care what happens to future generations after they are gone :(
- est31 7y ago
  Sooo... invent technology to make rich people live forever for them to start to think on long term scales? Or they'll just build their mansions on the hills while the poor valley dwellers drown and die of old age? Interesting question.
est31 7y ago
A large component of the dutch GDP as well as population is below sea level. They have been building dykes since centuries. Considering the large coastline of the US, there is definitely a huge cost to climate change induced sea level rises, so some poorer settlements will likely be given up but on the other end I doubt that e.g. downtown boston will be one of those settlements. It's more a question of how economical mitigation measures are vs resettlement. Overall the costs and damages will vastly outnumber the (massive) investments that we'd have to do now to slow down climate change.
Gys 7y ago
The article mentions several prognoses for a timeline. It seems still we decades away from getting into the 3-4 feet range. Not that I personally think there is urgency for mankind. But not so much maybe for the wealth of a billionare.
LifeLiverTransp 7y ago
You bet on cicadas- by buying cheap land that is likely to become very expensive developed land for a city in paing moving away from the water.. Bonus points, if you do not disrupt with your purchase and buy a construction denial pattern, which makes you a pain in the ass for minimal amounts of money, able to extract disproportionat sums to avoid titanic legal fees and battles.

bproven 7y ago

Living for today and profit today is a common human trait. We (unfortunately) think in human lifespan as a "long time" and many don't care what happens to future generations after they are gone :(

est31 7y ago
Sooo... invent technology to make rich people live forever for them to start to think on long term scales? Or they'll just build their mansions on the hills while the poor valley dwellers drown and die of old age? Interesting question.

est31 7y ago

A large component of the dutch GDP as well as population is below sea level. They have been building dykes since centuries. Considering the large coastline of the US, there is definitely a huge cost to climate change induced sea level rises, so some poorer settlements will likely be given up but on the other end I doubt that e.g. downtown boston will be one of those settlements. It's more a question of how economical mitigation measures are vs resettlement. Overall the costs and damages will vastly outnumber the (massive) investments that we'd have to do now to slow down climate change.

Gys 7y ago

The article mentions several prognoses for a timeline. It seems still we decades away from getting into the 3-4 feet range. Not that I personally think there is urgency for mankind. But not so much maybe for the wealth of a billionare.

LifeLiverTransp 7y ago

You bet on cicadas- by buying cheap land that is likely to become very expensive developed land for a city in paing moving away from the water.. Bonus points, if you do not disrupt with your purchase and buy a construction denial pattern, which makes you a pain in the ass for minimal amounts of money, able to extract disproportionat sums to avoid titanic legal fees and battles.