An hour in and nobody in these comments is addressing climate change? The risks of drought and the resulting fire or hurricanes and floods is much higher than it has been in recorded history in these areas because of climate change. Should people be forced to abandon their homes because the fossil fuel companies lied and misled the public and bought out our governments for the last 50 years?IMHO we should be seizing the fossil fuel companies' assets and using them for disaster relief around the world due to the catastrophe they have deliberately caused.
The talk about insurance rates is a deliberate distraction.
ericd|1 year ago
And if those companies don't find other things to do (they'd be quite good at geothermal, or durable carbon sequestration, with all their drilling and fracking expertise), then they'll go bankrupt without needing to do anything so extreme as nationalizing/seizing/whatever.
apsec112|1 year ago
pkaye|1 year ago
https://www.bbc.com/news/world-europe-46460445
greenthrow|1 year ago
I didn't say we shut off all the gas pumps tomorrow. It will obviously take time to transition off. I said we seize their assets and use the proceeds for climate relief. We can keep the revenue coming and using the profits for disaster relief while we transition off fossil fuels. It's not that hard to understand.
nullc|1 year ago
Ironically there is a great case that varrious environmental groups that vigorously opposed controlled burns are among the greatest proximal human causes of the current situation. If careful analysis concluded so, would you support seizing their assets for use as disaster relief?
greenthrow|1 year ago
Stop trying to distract with fossil fuel propaganda trying to distract with everthing else they can. Yes controlled burns still happen but it is also understandable that people would be jumpy about them with the problems fire has been causing in that area in recent years.
WaltPurvis|1 year ago
https://yaleclimateconnections.org/2025/01/the-role-of-clima...
SoftTalker|1 year ago
selimthegrim|1 year ago
greenthrow|1 year ago
Yes wildfires do happen in nature. No this is not normal for this area. Yes it is about climate change. Stop believinf fossil fuel company propaganda.
ggm|1 year ago
But insurance is one of the best signals we have to true risk/consequence/likelihood, which commercial interests pay attention to
The best long term outcome here would be rebuilding safer but the downside will be "which excludes the poor" -that's where I think state and federal policy should apply the lever: require socialised housing outcomes.
Price controls on insurance forces socialised losses. Better is some middle ground: mandate insurance, demand adequate mitigations and defences. But losing the price signal is bad.
greenthrow|1 year ago
x0x0|1 year ago
I saw an article on npr [1] which basically agrees with the chart on the blogpost. I 1980, there were 3 disasters a year that cost $1B, inflation adjusted. In 2024, 24. The second chart in the npr article is pretty terrifying.
[1] https://www.npr.org/2024/10/08/nx-s1-5143320/hurricanes-clim...
AlexandrB|1 year ago