Comments by "Kenz300 x" (@KJSvitko) on "‘Wartime Emergency’ China’s 70 Year Flooding | Banking Woes | Nationalism | Indonesia-China" video.

  1. Seems like building and zoning regulations need to be updated so that developers can not build in low lying areas and along rivers and streams. Areas along rivers should be maintained as open green space that can be water over flow areas. There needs to be more respect for nature and the environment.
    2
  2. China has ignored the Climate Crisis and environmental protection for too long. Weather events are getting more extreme because of Climate Change. How hot does it have to get before governments and corporations wake up and stop adding more fossil fuels to the climate fire. There is a Climate Crisis. We need Climate Action NOW ! Floods, droughts and extreme temperatures caused by burning fossil fuels will get worse over time. Adding more coal power plants will make the Climate Crisis even worse. Adding new wind and solar energy production is where new infrastructure spending should be done. People need clean air to breathe and clean water to drink. China has allowed companies and people to pollute the air, land and water resources they need to survive.
    2
  3. Climate change and rising sea levels will make properties in low lying areas and 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. Coastal areas are a high risk 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 hurricanes fill the salvage lots. Insurance companies will raise rates and pass on the costs and risks to policy holders next year. Coastal properties will be confined to wealthy individuals that can buy properties with cash and self insure for losses from hurricanes or rising sea levels.
    1