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Although Alaska fossil fuel exports comprise 85% of their economy they are addressing the impact and leading the way in green energy to reduce the impact of climate change. The melting of the permafrost and loss of shoreline is a severe problem, relocation of 31 towns and cities not to mention all the infrastructure being impacted. Quite a different response than some states like Florida where you cant even use the words "climate change".
Although Alaska fossil fuel exports comprise 85% of their economy they are addressing the impact and leading the way in green energy to reduce the impact of climate change. The melting of the permafrost and loss of shoreline is a severe problem, relocation of 31 towns and cities not to mention all the infrastructure being impacted. Quite a different response than some states like Florida where you cant even use the words "climate change".
The melting of the permafrost and loss of shoreline also happened during the previous Inter-Glacial Period, when global temperatures were 10.4° F higher than present. And, in fact, it happens during every Inter-Glacial Period.
Encampments and villages had to be relocated then, too.
It's unfortunate Earth's inhabitants did not have a written language to record such events, or otherwise mark the extent of sea-level rise with piles of rocks or large rocks with paintings or obelisks and such for posterity's sake.
It's best to let the Free Market deal with the situation.
Lenders will eventually stop issuing mortgages for sea-side and coastal properties.
As the cost of flood insurance rises, property owners, who are by and large overwhelmingly exorbitantly wealthy will be forced to abandon their properties.
The lenders will call the notes on those mortgages for property owners who cannot afford the increasing costs of flood insurance, or those who have had their flood insurance canceled, since a flood-rider is a prerequisite or condition for granting the mortgage and the failure to maintain a flood-rider constitutes a breach of contract.
Coastal cities and counties will also experience a loss of revenues generated by sales taxes, property taxes and other local taxes.
It won't all happen in one day, rather it will occur over many decades, so as to be barely imperceptible.
The melting of the permafrost and loss of shoreline also happened during the previous Inter-Glacial Period, when global temperatures were 10.4° F higher than present. And, in fact, it happens during every Inter-Glacial Period.
Encampments and villages had to be relocated then, too.
It's unfortunate Earth's inhabitants did not have a written language to record such events, or otherwise mark the extent of sea-level rise with piles of rocks or large rocks with paintings or obelisks and such for posterity's sake.
It's best to let the Free Market deal with the situation.
Lenders will eventually stop issuing mortgages for sea-side and coastal properties.
As the cost of flood insurance rises, property owners, who are by and large overwhelmingly exorbitantly wealthy will be forced to abandon their properties.
The lenders will call the notes on those mortgages for property owners who cannot afford the increasing costs of flood insurance, or those who have had their flood insurance canceled, since a flood-rider is a prerequisite or condition for granting the mortgage and the failure to maintain a flood-rider constitutes a breach of contract.
Coastal cities and counties will also experience a loss of revenues generated by sales taxes, property taxes and other local taxes.
It won't all happen in one day, rather it will occur over many decades, so as to be barely imperceptible.
This change is over a few decades and the destruction of the permafrost is very perceptible. Prior warming periods occurred for the most part over thousands or millions of years, this warming period is less than a century.
The cost of relocating 31 cities will be an enormous impact.
Nobody ever claimed there is no climate change. The climate has been changing for as long as the planet has had an atmosphere. And you won't see Mar-a-Lago under water either. According to NOAA, sea level is rising around the resort at a rate of 1.45 inches per decade, and Mar-a-Lago sits at 16 feet above sea level. You're welcome to keep dreaming though.
This change is over a few decades and the destruction of the permafrost is very perceptible. Prior warming periods occurred for the most part over thousands or millions of years, this warming period is less than a century.
The cost of relocating 31 cities will be an enormous impact.
Sucks to be them.
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