We consistently have this problem with preventative measures. Someone accurately predicts that something terrible will happen unless we do something about it, we spend a large amount of time and money preventing or mitigating it, then people ask why we spent all that time and money when the thing turned out not to be that bad.
It turned out not to be that bad because we spend all that time and money.
The problem is it's also easy to spend time and money on wasteful pork barrel projects to prevent threats that don't actually exist but line the pockets of government contractors, and then they make the same argument for not cutting them.
What we need is a better way to separate the legitimate problems (e.g. climate change) from the hype (e.g. terrorism). Because if you're going to pay a bunch of money for something that also serves as a jobs program, it might as well be addressing the real problem instead of the fake one.
It's because wealthy people tend to have physical assets and political power there. They don't want to pay more for insurance for their assets in the short term (property/catastrophe coverage) and in many cases they would be difficult or impossible to liquidate and transfer to somewhere not effected.
This has been the case in coastal areas, with property developers at least. They have it very badly, where they typically are small-ish family operations at the core and they operate with high leverage as land banks.
But if you did the above, it really doesn't matter whether climate change is real or not, all the risk will be on the homeowner going forward. That ought to be enough to change behavior in the long run.
https://www.eia.gov/state/analysis.php?sid=LA
I call it the truth distortion field when any large industry impacts what politicians say. Here’s some background:
Thus I'm skeptical. And "brain drains" refer to skilled employees leaving, not some intelligence or education level which you're implying.
Climate change divides Americans, but in an unlikely way: The more education that Democrats and Republicans have, the more their beliefs in climate change diverge.
https://www.nytimes.com/interactive/2017/11/14/upshot/climat...
1. https://mississippitoday.org/2016/07/13/mississippi-brain-dr...
2. https://www.omaha.com/news/education/higher-education/nebras...
College-educated workers want and need to live in more urban areas that have employers in future-forward industries. From a cultural aspect, I think these people also want to live in municipalities (up to state government) that are run by people that share their values. Among the educated, these values are increasingly progressive.
Rational self-interest is an assumption that enlightenment liberals and market fundamentalists alike have overplayed. It has its applications, and it may even be a somewhat valid assumption for individuals carefully looking at the terms of an economic deal they have make-or-break decision making power over. For collective civil action, my guess is its influence is somewhere between minimal and a wash.
When the BP spill happened and they had all the local mayors and politicians crying about the damage to their coast, I couldn’t understand why no one had the cajones to ask them why they cared so much about their coast being damaged now, when they were completely fine with it being gone and under water in a few decades.