Comments by "Kenz300 x" (@KJSvitko) on "US Natural Gas and Global Energy Supplies || Peter Zeihan" video.

  1. Climate change and rising sea levels will make properties in coastal areas impossible to insure. Banks will be reluctant to give a mortgage for 15 or 30 years because the property may be under water. Selling properties to average buyers will become impossible in the future as banks and mortgage companies stop making loans for these properties. Florida is a high risk state for insurance and extreme weather like hurricanes. People will have to self insure and take the risk of loss. Condo associations are losing their insurance and if they find a new higher cost policy they will be passing on the higher costs to association members. Flooded cars from Florida hurricanes were filling the salvage lots. Insurance companies will raise rates and pass on the costs and risks to policy holders next year.
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  2. Europe, Germany and the rest of the world have been too slow to transition to wind and solar energy and all electric vehicles. Wind and solar energy do not need to be imported and can be produced locally in any country. Europe needs to provide incentives for homes and businesses to install electric heat pumps and get rid of old polluting gas and oil boilers. The move to electric vehicles will also be sped up. There is no good reason to help fund Putin's war by buying oil, gas and coal from Russia. There is a Climate Crisis making weather events more extreme. Time to switch to renewable energy. The future is renewables. They are safer, cleaner and cheaper than fossil fuels
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