3 ms·

well, first you'd have to be around for another hundred years to collect it, and birth rates at present values make a real estate investment for profit 100+ yea

by autokad 12y ago

well, first you'd have to be around for another hundred years to collect it, and birth rates at present values make a real estate investment for profit 100+ years from now rather unappealing. There are plenty of other things to invest/trade in with much better net present values~ Also there are taxes on the land, and at any point the government can take your land for economic development or to protect some rare sand turtle.

jessaustin 12y ago
There are plenty of other things to invest/trade in with much better net present values~ If so, wouldn't mitigation be a more affordable response to warming than other proposed solutions? That is, society should just purchase (cheap, apparently) options on "second-tier" property, and use the massive profit those options generate over the next century to compensate those who will be harmed by the rise? What am I missing? I realize that there are other harms from global warming besides changes in sea levels, but perhaps a similar argument could be made for those harms? For instance, options on farmland in Siberia could compensate the losses of farmers in India.
- mrfusion 12y ago
  That's a really good point. I guess people aren't thinking that far ahead. And I think for most environmentalists it's carbon tax or bust.
- autokad 12y ago
  thats probably true, and trying to keep everything about the earth the same for the next thousand years to preserve what ever it is we are trying to preserve is probably unreasonable. not saying nothing should be done about global warming, just that we should expect change one way or another. also there is evidence some of the spikes in warming since the 80s/90s may be a direct result regulation in an attempt to end acid rain. we pulled a lot of sulfur out of the air and expected nothing to change.

3 ms·

well, first you'd have to be around for another hundred years to collect it, and birth rates at present values make a real estate investment for profit 100+ yea

by autokad 12y ago

jessaustin 12y ago
There are plenty of other things to invest/trade in with much better net present values~ If so, wouldn't mitigation be a more affordable response to warming than other proposed solutions? That is, society should just purchase (cheap, apparently) options on "second-tier" property, and use the massive profit those options generate over the next century to compensate those who will be harmed by the rise? What am I missing? I realize that there are other harms from global warming besides changes in sea levels, but perhaps a similar argument could be made for those harms? For instance, options on farmland in Siberia could compensate the losses of farmers in India.
- mrfusion 12y ago
  That's a really good point. I guess people aren't thinking that far ahead. And I think for most environmentalists it's carbon tax or bust.
- autokad 12y ago
  thats probably true, and trying to keep everything about the earth the same for the next thousand years to preserve what ever it is we are trying to preserve is probably unreasonable. not saying nothing should be done about global warming, just that we should expect change one way or another. also there is evidence some of the spikes in warming since the 80s/90s may be a direct result regulation in an attempt to end acid rain. we pulled a lot of sulfur out of the air and expected nothing to change.