Global Warming Is Going To Demolish Economies & Societies
January 14th, 2018 by Zachary Shahan
SNIPPET:
We had an article last week about the threat to the Florida real estate market that is coming our way from continued heating of the globe, rising sea levels, increased flooding, and stronger storms slamming the coast. Some comments under the article highlighted that such threats persist along vast US coastlines as well as coastlines across the world — it’s not just Florida. The fact of the matter is, humans have long settled close to seas, rivers, oceans, gulfs, and bays — and many of the world’s most populated and economically vital cities and regions will be physically harmed to one degree or another by the effects of climate change.
One commenter highlighted this threat for a rather rich country he’s a resident of, but noted, “I think we will cope but it will sure as hell be costly.”
I’m not sure how much we’ve actually thought about that. I think we tend to look at the potential damage and then our minds are eager to shut off before going further. We may also deeply realize how fragile our economies are and not want to even consider the catastrophic possibilities.
The thing about physical harm is that it reverberates and is amplified beyond the obvious damage from the initial strike. If real estate is flooded or destroyed by a storm, that could well pause an individual’s ability to contribute to the economy, it could take away resources a city was going to put into new infrastructure, and it
could stifle socioeconomic or entrepreneurial progress that was being made at the location of the strike.
Full article:https://cleantechnica.com/2018/01/14/global-warming-going-demolish-economies-societies/