How Big Business Is Hedging Against the Apocalypse • Hacker News Board

Re: How Big Business Is Hedging Against the Apocalypse

#61

Post by anm89 » Mon, Apr 15, 2019, 5:01 AM UTC

hnmullany wrote: post #35

781 wrote: post #31

Earlier quoted context omitted.

You make a very big assumption - that people don't care about Miami, a city with global name recognition and so on... I also assume you are not on Instagram, where Miami is huge - it's the 6th global instagrammed city, second US one (London, NY, Paris, Dubai, Istanbul, Miami, LA) - https://www.statista.com/statistics/655550/most-hashtagged-c... Instead of shorting it you might want to long "defending it".

It's going to be pretty hard to defend it. It's built on porous limestone. So water's going to bubble up everywhere - not like defending NYC

I read an article the other day about how Miami residents are mostly not concerned and seem to hold up other places such as Rotterdam who are doing a good job dealing with these issues but not understanding that Miami's geology and hydrology is vastly different and is going to leave them seriously screwed.

Re: How Big Business Is Hedging Against the Apocalypse

#62

Post by anm89 » Mon, Apr 15, 2019, 5:13 AM UTC

I see this dichotomy which is really sad to me where many people with really good intentions who deeply care about the world just look at things like this as an opportunity to take pot shots from the sidelines about how evil industry and the capitalists are while thinking they are above it. They fail to understand that they are playing the game of capitalism whether they agree with it or not.

All the while the amoral(note I'm not saying immoral) players in finance and industry(ie smart money) continue to clean house. And at the end of the day it's really not their priority to look out for the environment (nor is it even desirable to have environmental protection and regulations handled by industry).

And so 150 years from now when we're in the Mad max future the compassionate people will get to look back and say "i told you capitalism would destroy the world" while failing to see that it was their responsibility to play the game to make it better.

Re: How Big Business Is Hedging Against the Apocalypse

#63

Post by DubiousPusher » Mon, Apr 15, 2019, 7:31 AM UTC

plankers wrote: post #57

D_Alex wrote: post #52

Earlier quoted context omitted.

Coal should be the starting point. >Let their money burn. Unfortunately, it will not be just "their money" if the economy has a hard time weaning itself off oil and gas. It will be everybody's money, and lifestyle.

Great, let our money burn. Will be worse for those with money to lose!

If only it were. Periods of economic upheaval fall much harder on the poor.

Re: How Big Business Is Hedging Against the Apocalypse

#64

Post by ovi256 » Mon, Apr 15, 2019, 8:25 AM UTC

>Last April, Texas consumed about 25.7 million megawatts of power.

The state of journalism today. Even the august NYT can't afford fact checkers or editors any more.

Re: How Big Business Is Hedging Against the Apocalypse

#65

Post by Nasrudith » Mon, Apr 15, 2019, 12:51 PM UTC

nanaboo wrote: post #6

thatfrenchguy wrote: post #5

Earlier quoted context omitted.

Or the world will wake up and trial those people ?

can't wait for it to happen. Tzar Russia and the French Revolution all over. except it won't be pitch and forks but high-tec weapons vs masses

Those examples both ended way worse than the entity they replaced. Cheerleading for them is turkeys voting for Thanksgiving and psychopathic.

Re: How Big Business Is Hedging Against the Apocalypse

#66

Post by imtringued » Mon, Apr 15, 2019, 6:12 PM UTC

gridlockd wrote: post #42

aetherson wrote: post #36

Earlier quoted context omitted.

The thought is that rising sea levels and/or hurricanes will doom them.

Which is a ridiculous thought. Sea levels are going to rise in the span of hundreds of years . You can move the whole city in that time span. Cities aren't just a collection of buildings. They're like your grandfather's axe.

In Bangladesh there won't be a place to move the cities to.

Re: How Big Business Is Hedging Against the Apocalypse

#67

Post by plankers » Tue, Apr 16, 2019, 9:10 AM UTC

DubiousPusher wrote: post #63

plankers wrote: post #57

Earlier quoted context omitted.

Great, let our money burn. Will be worse for those with money to lose!

If only it were. Periods of economic upheaval fall much harder on the poor.

Bring it on, mate. Fucked is fucked, after a point all relativities are pretty meaningless. It would be worth it to see Teslas being reposessed and vacancies in SF high rises.

Re: How Big Business Is Hedging Against the Apocalypse

#68

Post by eanzenberg » Tue, Apr 16, 2019, 8:25 PM UTC

WaltPurvis wrote: post #47

gridlockd wrote: post #42

Earlier quoted context omitted.

Which is a ridiculous thought. Sea levels are going to rise in the span of hundreds of years . You can move the whole city in that time span. Cities aren't just a collection of buildings. They're like your grandfather's axe.

You might be a little quick with your cavalier dismissal. https://www.businessinsider.com/miami-floods-sea-level-rise-... Miami is already being impacted by sea level rise. It is not ridiculous, at all, to think that in <30 years areas of Miami will be uninsurable, and therefore unmortgageable, and the water supply for the entire area will be threatened.

How is Miami being impacted by the 3" of risen sea levels over the past 25 years?

""thermal expansion" of the ocean has contributed about half of the 2.8 inches (7 centimeters) of global mean sea level rise we've seen over the last 25 years, Nerem said. Second, melting land ice flows into the ocean, also increasing sea level across the globe."