Environment & Energy
Related: About this forumJust One More South Florida Land Boom. Please. Just One More, In Spite Of Reality . . . Please
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The lake, like so many others in Florida, began as a rock quarry. In the years since, it has served as a venue for boat races, a swimming hole for manatees, and a set for the 1960s TV show Flipper. More recently, as if to underscore the impermanence of South Floridas geography, more than one developer has toyed with partially filling in the lake to build condos. Behrens is promoting a floating village with 29 private, artificial islands, each with a sleek, four-bedroom villa, a sandy beach, a pool, palm trees, and a dock long enough to accommodate an 80-foot yacht. The price: $12.5 million apiece. Dutch Docklands, Behrenss firm, has optioned the lake and is marketing the islands as a rich mans antidote to climate change. As for the risks from rising sea levels, well, thats the beauty of floating homes. The islands would be anchored to the lake bottom with a telescoping tether similar to those that enable floating oil rigs to ride out the roughest hurricanes.
The floating-village plan is part of a frenetic building boom, fueled by wealthy South Americans and Europeans buying with cash, that is transforming Miamis skyline. From our boat we can see construction cranes cluttering the sky along the barrier island of Sunny Isles, where crème de la crème luxury is the hot trend. In a real estate market that celebrates opulencethe $560 million Porsche Design Tower features glass-walled car elevators that stop at every apartmentit was probably inevitable that the greatest threat to South Floridas existence would be used as a promotional strategy.
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Chris Bergh of the Nature Conservancy joins me at Big Pine Key. He arrived in the Keys from Pennsylvania as a toddler in the back of his parents 1973 Volkswagen bus and has no plans to move. Ive got a six-year-old, he says. I expect Ill live out my days here, and he will not. At some point an economist is going to say, Look, its going to cost one billion dollars to redo U.S. 1, and thats only going to buy us 20 more years. The question is, What will it cost us to buy time so we can keep on keeping on? The end of the line is Key West, closer to Havana than to Miami. At City Hall we meet up with Don Craig, a planner whos worked for the city for more than two decades. The city has spent millions in recent years to add pumps, construct a fire station at a higher elevation, and rebuild portions of the seawall that nearly encircles the island. But options are limited.
Raising elevations on any large scale is out of reach. We do not have a nearby source of fill material, he says. Were 118 miles from the major rock quarries. When Craig tells people that the Keys lifeline, the highway, will lie underwater someday, it elicits four responses. Some become fearful, he says. Some say, Well, Ill be dead, so I dont care. Others say, There is not a consensus that this is going to happen, so why are you telling us this? The other reaction is mute silence.
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http://ngm.nationalgeographic.com/2015/02/climate-change-economics/parker-text
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phantom power
(25,966 posts)n2doc
(47,953 posts)If they can make a buck today, they don't care about the effects of their actions tomorrow.
phantom power
(25,966 posts)it's not even wrong, really.
http://en.wikipedia.org/wiki/Hyperbolic_discounting
It's often presented as "irrational," but I don't personally like that framework. "In the long run, we're all dead" isn't just a clever saying.
navarth
(5,927 posts)magical thyme
(14,881 posts)2naSalit
(86,569 posts)shore area suffering from over development, Cape Cod, MA. When I was a small child and throughout my teens, it was a truly rural place with seasonal tourism (mostly summer back then). I remember one of the last conversations I had with my grand-aunt in the late 1990s, she lived along the south shore for over 80 years and owned a large piece of property there, her complaint was regarding all the development and population boom. She said, "I swear, if they build one more condo complex on the Cape, I fear it will sink into the sea!"
Florida seems to be highly vulnerable to rising seal levels, when waves regularly wash through the lobbies of all those high rises, could it crash our economy once again due to an insurance collapse?