4 ms·
They basically already get that. All coastal communities and flood prone areas do. In the form of the National Flood Insurance Program. NFIP is massively subsid
by crisdux 7y ago
They basically already get that. All coastal communities and flood prone areas do. In the form of the National Flood Insurance Program. NFIP is massively subsidized flood insurance and does not charge nearly enough to cover the costs of liabilities. We've basically been rebuilding structures with taxpayer funding in flood prone areas ever since the NFIP started. Climate change has nothing to do with this bad policy.