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Is the world becoming uninsurable?

(charleshughsmith.substack.com)
478 points spking | 1 comments | | HN request time: 0.2s | source
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tobyhinloopen ◴[] No.42734903[source]
American, living in area prone to natural disasters: "Is the WHOLE WORLD becoming uninsurable?"

The answer is obviously "no" since there are other parts of the world that don't live on a hurricane highway nor build houses made from firewood in an area prone to wildfires.

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HacklesRaised ◴[] No.42735436[source]
To be fair we are talking about an area of the country that is prone to seismic activity, it does limit the building materials.

Perhaps what should be more commonly accepted is that the US is a land of great natural beauty! And large tracts of it should be left to nature.

What's the average monthly leccy bill in Phoenix during the summer? $400?

Where does LA get most of its water? Local sources? I don't think that's the case.

New Orleans is a future Atlantis.

San Francisco is a city built by Monty Python. Don't build it there it'll fall down, but I built it anyway, and it fell down, so I built it again...

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njovin ◴[] No.42738906[source]
There's plenty of water for Californians in California + The Colorado River.

The problem is that our government has spent ~100 years ensuring that corporations have easier and cheaper access to it so that they can grow feed for farm animals to sell overseas, largely to places like UAE that have sufficiently depleted their own water table as to make it impossible to grow alfalfa, thus worsening the risk of droughts for the sole benefit of the shareholders of these corporations.

Every gov't agency in the US needs to start treating our natural resources as if they belong to all the citizens of the country and not a select few shareholders of whichever corporation can earn the most money by exploiting them.

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1. amanaplanacanal ◴[] No.42740195[source]
I won't disagree with you, but it's a big change.

When European descendants started colonizing that part of the world they treated all the resources as free for the taking. You went into nature, developed some land for agriculture, and it became yours by right. The same with the water. It was essentially homesteading.

So water was treated as property the same way the land was. Whoever used it first, owned it. Leaving out the natives because apparently nobody cared about them, it made sense.

How we fix it now within that legal framework is the question.