Buying property submerged beneath the ocean, the hot new real estate trend.
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How does that work though? If you own property and it becomes submerged by the ocean, do you still own it, or do you forfeit your ownership and it's a total loss outside of insurance? If you do keep ownership, are you able to use it as you see fit, like make it a marina, private fishing area, house boat lot, etc?
If you have government flood insurance, not only do you still own it but they will pay you to rebuild it.
Got curious after posting, saw that one mentioned. Seems to vary state to state, even town to town. There's a lot of debate about the right way to handle it.
Louisiana is having major issues due to a law dictating any navigable waterway is public property. But if someone's private property becomes submerged and accessible by boat, who's in the right? Where does the public and private lines end? Seems it's being solved on a per-case basis and is very murky. Big oil companies own a lot of the shoreline and surrounding area which makes it extra challenging for any random Joe to do much.
When it comes to beaches, if you own property along the beach and the beach has eroded away, your property remains your own, but the public can use it to traverse the existing beach, giving rise to lots of tresspassing complaints that may or may not be valid. Where's the cutoff line for traversing the beach? As can be expected, some people push that boundary.
When it comes to homes being submerged, one town tried to claim that since the high-tide line had raised above the foundation of the homes (government owns anything below the high-tide line), that the property became government property and they were going to demo the homes. That shit got turned over quick at the state level though.
Another big issue is when entire private islands are submerged. Some have given up on it, while others keep ownership and continue to pay taxes on the property in the hopes that the Army Engineer Corps chooses their property to dredge, restoring it. But now there's a debate that if the federal government is footing the bill for restoring the land, who takes over ownership of it once it is restored?
tl;dr - Shit is a fucking mess.
I was mostly joking anyway. The government's flood insurance program is a debacle that probably doesn't cover most of the people in flood plains and might be defunded now anyway.
Eminent domain-ing the floodplains is going to be unpopular (particularly in Houston and Miami), but it is the only practical solution to this problem. This climate change ship isn't going to turn around in our lifetimes.
Get me some riparian rights up in this thread
oh, idk sath, i feel like in a few million years the earth will say "well that was nice, glad i got rid of that human infestation. time to grow some more giant insects!"
Well the current insect size is about the max allowed under the current oxygen concentrations.
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it might only take 7-10 million years for biodiversity to return to mid-20th century levels, so we good
global carbon emissions reach record high in 2018. EU and Brazil only major polities to see reduction but are near flat after years of strong decline, USA contributes modest increase, China and India spike hard. nowhere near needed trendline for 2030 targets. bad news bears all around.
https://www.google.com/amp/s/amp.the...e-high-in-2018
i, for one, welcome our crabpeople overlords.
At least when they take over, the scientists will probably bee spared.
When they're intelligent enough to take over we will simply explain to them that the laws of physics state that they should not be able to fly. Once they realize this and drop to the ground on their fat, useless bodies we shall reclaim our place at the top of the food chain.
Checkmate, bee bastards!
O
https://www.nytimes.com/2018/12/07/s...xtinction.html
We are like volcanos of stupid (but also Carbon Dioxide)
The Permian-Triassic mass extinction, which killed 96% of species on Earth, was caused by an ~18F increase over thousands of years. We are on track to get there in 300 years. Good luck evolving quickly enough, fishies.