Coastal Erosion and Buyouts
If the billionaires pooled their funds together, they could protect people living in vulnerable communities. Through hurricanes like Maria, Harvey, Sandy, Katrina, and Andrew, we saw communities flattened and whole infrastructures taken out. As sea level rises, these types of “100 year” storms are only going to get more common and more expensive to deal with. The billionaires could protect the people in two ways:
They could finance buyouts for an organized retreat from the coastlines. Though FEMA’s National Flood Insurance Program was designed to protect those living in vulnerable communities, it doesn’t have the finances to buy out those who live in vulnerable areas. Even after Hurricane Sandy destroyed much of the Staten Island coastline, only a very few number of homeowners took the buyouts. If they don’t retreat, it is very likely that citizens in places like Miami, will no longer have a home in fifty years.
With the purchased land, the billionaires should restore the land to its natural state. This would inevitably involve a living shoreline that would reduce the effect on extreme weather on the inland communities. However, if there is one thing we know about rich people, it’s that they love building walls. So why doesn’t the whole Trump Organization forget about the Mexico wall and build a seawall in vulnerable areas (just be sure to build it high enough because the sea level is rising (not from the hoax known as “climate change”, but from the tears of lib tards!)
FEMA has a clause that requires any damaged and replaced structures to be rebuilt to their prior condition. This means that if your house gets flattened because it is is not elevated, the government pays to rebuild another home that will only get flattened again with the next big hurricane (which will be even sooner than it used to be). This leads to repetitive damage to the same houses. So when your Ferrari needs to go into the shop, but you can’t be fucked to get it fixed because then you have to go to the auto shop and mingle with the proletariat, just park it on the Florida coast when there is an impending storm or king tide coming. Then FEMA will have to replace it.
However, it is not limited to homes. After Hurricane Maria, Puerto Rico saw a number of its old power stations destroyed. Despite living in a land with abundant sunlight, which would make solar energy abundant, affordable, and sustainable, they rebuild the same old power stations’ structure.
