[chopchop0]

New Florida laws take effect July 1 that allow toxic waste, sewage to be dumped, poured, and buried « Martin County Times

According to AllVoices, Governor Rick Scott signed several bills at the end of the 2013 legislative session that allow toxic waste and sewage to be dumped, poured, and buried all over Florida.

The primary beneficiaries of the new Florida laws are construction, mining, and oil and gas companies, which will not have to incur additional costs for safe and responsible disposal of their toxic waste and chemicals. They will also reap the rewards of lower fees for permits, and access to environmentally sensitive lands and wildlife habitat that were previously off limits to commercial development.

The provisions of SB 444, SB 682, and HB 999 take effect on July 1 and include forcing landfills that previously banned toxic waste to accept asphalt, combustible petroleum waste, cement products, plastic paints, insulation, and other poisonous chemicals. More wastewater will be discharged into waterways and the ocean surrounding Florida beaches, and fewer requirements for transparency by polluters.

[floridarebel]

If environment is supposed to get so bad then why do developers keep building 100 story condos on the beach and why do people keep moving here in droves???

[WRnative]

Originally Posted by floridarebel

If environment is supposed to get so bad then why do developers keep building 100 story condos on the beach and why do people keep moving here in droves???

Real estate markets do not perfectly discount the future.

Remember 2008, when markets weren't worried about sub-prime mortgages, partially because there was a belief that U.S. housing prices in the aggregate never went down?

The Worst Ideas of the Decade (washingtonpost.com)

Even Larry Kudlow, President Trump's current Director of the National Economic Council and Fed Chairman Alan Greenspan espoused this belief in the run-up to the Great Recession.

The Worst Ideas of the Decade (washingtonpost.com)

New Trump Economist Kudlow Has Been Wrong About Everything

You seem to think that developers never make bone-headed decisions. This is wrong, as evidenced by Donald Trump's several bankrupt projects.

https://en.wikipedia.org/wiki/Busine...s_bankruptcies

Also, developers typically hope to cash out long before anticipated problems quash a real estate market.

Buyers, perhaps especially foreign buyers, aren't totally cognizant yet of the long-term impact of climate change on Florida coastal real estate. Persistent toxic algal blooms just now are being identified as a problem, and, as evidenced in this thread, few Floridians understand that rising ocean temperatures will magnify the longevity and severity of algal blooms. Coastal flooding is a mounting concern already impacting real estate prices, but less so in certain beach areas inhabited by the very wealthy (who more likely can absorb losses on housing due to environmental factors (see article below). The odds of a mega-hurricane strike are rising along with ocean temperatures, and in the aftermath of one, let alone two such storms in the period of a few years, it's inevitable that housing markets will be impacted.

https://www.miamiherald.com/real-est...209611439.html

Immediate persistent toxic algal blooms may more negatively impact real estate values and development than the anticipation of long-term flooding, or a hurricane strike, for which insurance still is available at a price. By polluting beaches and killing marine life, toxic algal blooms are reducing the quality of like in affected coastal areas NOW.

Still fresh from the Great Recession, mortgage lenders may be more reluctant to lend at less than premium interest rates and terms in areas where they perceive the possibility of a downward adjustment in future housing prices.

[expatCA]

Originally Posted by chopchop0

New Florida laws take effect July 1 that allow toxic waste, sewage to be dumped, poured, and buried « Martin County Times

OK, so in the last 5 years how has that impacted housing and people moving to FL?


Mind you I do not like such a law.

[chopchop0]

Originally Posted by expatCA

OK, so in the last 5 years how has that impacted housing and people moving to FL?


Mind you I do not like such a law.

Flies are attracted to manure.. do you think they care about the bacterial overgrowth of said manure?

[Irene1999]

Originally Posted by expatCA

OK, so in the last 5 years how has that impacted housing and people moving to FL?


Mind you I do not like such a law.

Is this a sincere question? Do you actually think buyers care about environmental laws? Obviously what’s gonna stop real estate sales is not gonna be environmental laws but smelly oceans, ugly beaches, higher Insurance premiums, bacterial infections etc. This is just the beginning.

[expatCA]

Originally Posted by Irene1999

Is this a sincere question? Do you actually think buyers care about environmental laws? Obviously what’s gonna stop real estate sales is not gonna be environmental laws but smelly oceans, ugly beaches, higher Insurance premiums, bacterial infections etc. This is just the beginning.

Oh I agree environmental issues are important, but if it gets real bad the voters are more likely to make come changes than go to the trouble to move to a place they do not want to go to.

[WRnative]

Originally Posted by expatCA

Oh I agree environmental issues are important, but if it gets real bad the voters are more likely to make come changes than go to the trouble to move to a place they do not want to go to.

Once an environment is destroyed, and fauna and flora killed and perhaps even rendered extinct, a change in political leadership and policies will not provide a quick fix, or a fix ever.

Ocean warming and ocean acidification may pose a much greater permanent threat to the global environment and to mankind (a huge source of human protein is at risk) than perhaps atmospheric warming, which alone is catastrophic as the poster child of climate change, and yet ocean acidification isn't even an object of political discussion in the U.S.

https://www.floridatrend.com/article...ida-2025--2050

https://www.nationalgeographic.com/m...horeline-maps/

https://ocean.si.edu/ocean-life/inve...-acidification

How many Americans even understand that rising sea levels aren't just a function of ice melt, but also of the physical reality that warming water expands significantly???

Few Americans, even in Florida where the state is surrounded by oceans, understand that the oceans to date have borne the brunt of climate change, both by absorbing the large percentage of global warming, but also by absorbing most of the carbon dioxide created by unchecked fossil fuel burning.

Toxic algal blooms are just one of the consequences.

The Socioeconomic Costs of Ocean Acidification : Oceanus Magazine

[Henry10]

Originally Posted by Irene1999

Is this a sincere question? Do you actually think buyers care about environmental laws? Obviously what’s gonna stop real estate sales is not gonna be environmental laws but smelly oceans, ugly beaches, higher Insurance premiums, bacterial infections etc. This is just the beginning.

Stop with the histeria and scare-mongering. In most ways, in US we do a much better job protecting environment than 20, 30, 50, let alone 100 years ago. We also have a political system that can deal with it. I just went thru France and Switzerland and I was appalled with lack of recycling.

[Henry10]

Originally Posted by WRnative

Once an environment is destroyed, and fauna and flora killed and perhaps even rendered extinct, a change in political leadership and policies will not provide a quick fix, or a fix ever.

Ocean warming and ocean acidification may pose a much greater permanent threat to the global environment and to mankind (a huge source of human protein is at risk) than perhaps atmospheric warming, which alone is catastrophic as the poster child of climate change, and yet ocean acidification isn't even an object of political discussion in the U.S.

https://www.floridatrend.com/article...ida-2025--2050

https://www.nationalgeographic.com/m...horeline-maps/

https://ocean.si.edu/ocean-life/inve...-acidification

How many Americans even understand that rising sea levels aren't just a function of ice melt, but also of the physical reality that warming water expands significantly???

Few Americans, even in Florida where the state is surrounded by oceans, understand that the oceans to date have borne the brunt of climate change, both by absorbing the large percentage of global warming, but also by absorbing most of the carbon dioxide created by unchecked fossil fuel burning.

Toxic algal blooms are just one of the consequences.

The Socioeconomic Costs of Ocean Acidification : Oceanus Magazine

You should really lecture the Chinese who pollute double our amount.