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IAmSixNine t1_irbev1s wrote

Reply to comment by PhilipGreenbriar in A Florida community built to weather hurricanes endure by PhilipGreenbriar

Which most businesses wont as it will cost more money to build and reduce profits.
Im in texas and look at our power grid. Massive black outs and lots of deaths with that winter storm, and the electric provider oncor has made massive profits but has not done anything to improve the grid conditions. Climate change is making storms stronger but yet companies wont improve infrastructure to match it.

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PhilipGreenbriar OP t1_irbi9bu wrote

You would think that at some point making significant repairs and dealing with outages is more expensive than improving infrastructure

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sleepypirate t1_irbky7k wrote

That requires thinking long term

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aequitssaint t1_irbnrhk wrote

And politicians that are willing to do things that won't directly affect them and their term.

They don't give a fuck if they can't claim responsibility for the improvements.

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CrockNBalls420 t1_irbprrs wrote

You say that like voters can think long term. No one votes for a candidate making intangible, long term promises.

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sumunsolicitedadvice t1_irblpv4 wrote

“That’s a problem for people in the future. Right now, we just care about our next quarterly earnings report.” -them, probably

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bufferedtoast t1_irbmw8d wrote

One would think that with any common sense, frankly insurance should only be paid out to people on the condition that they relocate away from hurricane prone areas.

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greenslam t1_irbuyzc wrote

or developed to current hurricane proof guidelines. Oh you don't have have the requirements met. Insurance denied.

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FishDawgX t1_irbmmdk wrote

The people who work for these utilities like the electric utilities in Texas profit from these repairs. The more repairs and upgrades needed, the more justification there is for their jobs. And a lot of the funding comes from the government. And if not, they have a monopoly anyway, so they can just raise rates.

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4rd_Prefect t1_irdv79h wrote

"somebody make massive profits" & that somebody is in charge of preventing that from happening?

Hmmm

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dungone t1_ire6gwt wrote

If you're in Texas look at everyone else's power grid: actually works. The idiot voters in Texas got exactly what they asked for.

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qestral t1_irc40im wrote

If only there was some sort of publicly-chosen authority that could require business to do the right thing for their constituents and the future of the state…

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Trikeree t1_irchyqs wrote

And now with this economy they're making even more with relatively little higher costs.

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alexgalt t1_irbmmzf wrote

That’s bs. It is capital cost vs repair cost. Once it becomes profitable all companies a will build like this.

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