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by eesmith 2442 days ago
Who pays for it?

The companies, people, organizations, and countries who profited from mispriced costs which did not factor in externalities like the likely need to relocate most of the population of Miami?

How much should those companies, people, organization, and countries be penalized for committing fraud to suppress the true costs?

What is the cost of the emotional distress of being forced to move because of generations of pollution by others?

Or, are those who need to move the ones who bear most of the cost?

1 comments

You are being overtly obtuse at this point. Have you never witnessed a natural disaster where people homes were burned, flooded or leveled by earth quakes so bad that they had to move?
That doesn't answer my question at all.

Who pays?

And, what do natural disaster have to do with it? We're talking about a human-caused disaster in the making orders of magnitude greater than Bhopal.

Surely those companies, organizations, people, and countries which profited from petroleum extraction, including by telling lies about the impact of their work, should pay compensation, yes?

Or are you one of those people who believes in privatizing profits and socializing risk?

Do you honestly think insurance will cover it? Because I remember Hurricane Andrew, when 11 insurance companies went bankrupt from the claims filed.

Again, we can look to the Okie experience - the Dust Bowl was caused by soil mismanagement by humans - as a relevant historical example. Why shouldn't we expect something like that again?