The $52 Billion Solution To Save NYC From The Sea

  Рет қаралды 411,997

CNBC

CNBC

Күн бұрын

Ten years after Hurricane Sandy wreaked havoc on the New York City area, the Army Corps of Engineers is proposing at $52.6 billion plan to protect the region from coastal storm risk. Plan 3B includes seawalls, surge gates, flood walls, levees and more but still can’t guarantee perfect protection. Watch the video to find out what’s included in the plan, who opposes it and how it will change the NYC coastline forever.
Chapters:
0:00 - Introduction
01:44 - Plan 3B
05:10 - Costs
08:10 - Timeline
10:26 - Climate migration
Produced by: Lindsey Jacobson
Additional Camera: Nathaniel Lee, Andrea Miller, Charlotte Morabito
Additional Editing: Brian Lutz
Graphics: Midnight Snacks
Archival Assistance from Debora Schooley
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The $52 Billion Solution To Save NYC From The Sea

Пікірлер: 1 100
@be4unvme
@be4unvme Жыл бұрын
I'm all for this, I even first heard about it a long time ago from a geopolitical analyst. The issue for me is that this $52 billion budget will grow to be $300billion and timeline will extend double it's life.
@willinton06
@willinton06 Жыл бұрын
I mean, the lives of 20 million people are clearly not worth 300 billion
@ShidaiTaino
@ShidaiTaino Жыл бұрын
How can a budget that large grow 5 times
@mikecromaticm2896
@mikecromaticm2896 Жыл бұрын
Hope so. But you are taking from a storm that's around 0.125 % chance at hitting the city.
@YeeLer
@YeeLer Жыл бұрын
Just print money, problem solved :)
@goombahead634
@goombahead634 Жыл бұрын
In that case consider it an investment, seriously!
@williamdrijver4141
@williamdrijver4141 Жыл бұрын
It's not a question if such storms will happen, just when. The damage over the next decades will be much more than 52 billion.
@qud3913
@qud3913 Жыл бұрын
You think this project will cost the stated 52b? lol
@stevetaxpayer6664
@stevetaxpayer6664 Жыл бұрын
You've fallen for the climate change scam pushed by dishonest scientists that live on climate change grants instead of working real jobs.
@ausxau
@ausxau Жыл бұрын
​@@qud3913 it would take 75+ years to build it
@SummerSausage1
@SummerSausage1 Жыл бұрын
how do you know? are you GOD!
@joebidenisyourpresidentget2481
@joebidenisyourpresidentget2481 Жыл бұрын
Because every flood event will be billions of dollars in damages. It’s that simple.
@isabellewilson883
@isabellewilson883 Жыл бұрын
LA STRUTTURA DEI MERCATI CONTINUA A SCENDERE, FORSE ENORMI PROFITTI SONO STATI FATTI DAGLI ESPERTI. HO SENTITO CHE LA DETENZIONE NON E ' UNA MOSSA INTELLIGENTE NEL BREVE PERIODO. SI PREGA DI QUALSIASI IDEA SU COME FARE MIGLIORI PROFITTI NEL MERCATO.
@mubarizmehbizadeh5093
@mubarizmehbizadeh5093 Жыл бұрын
Ti consiglio vivamente di non fare trading automatico, è davvero pericoloso e ha portato giù così tanti investitori, hai bisogno di qualcuno con le conoscenze e le strategie, qualcuno dedicato al business del mercato delle criptovalute e raccomanderà vivamente l'esperto Mrs Kiana Danial
@emilyjohn679
@emilyjohn679 Жыл бұрын
Qui in Canada l'esperta signora Kiana Danial svolge sia il potenziale di orientamento che quello di tutoraggio
@madisonhuff5148
@madisonhuff5148 Жыл бұрын
non si tratta di guardare video.... L'ho fatto per molto tempo senza risultati positivi, poi ho provato un professionista e ho fatto grandi guadagni.
@milanpickett7419
@milanpickett7419 Жыл бұрын
Il suo servizio commerciale è qui in Europa?
@larapoole2001
@larapoole2001 Жыл бұрын
Ciò che mi sorprende di lei per lo più è che dà l'accesso del suo cliente al suo sito di trading per cui possono monitorare i loro scambi su base giornaliera
@cloudyblaze7916
@cloudyblaze7916 Жыл бұрын
Climate change is a real threat that the Government have decided to not take any major action on. We often ignore the devastating effect it could have if things were to get out of hand. Imagine the economic turmoil it could have on the economy, and for a place like NYC, the effect would be rippling, and might spread across the whole globe. The stock market will collapse, businesses will go bankrupt, etc. So the Government should take action today.
@albacus2400BC
@albacus2400BC Жыл бұрын
True. I was speaking to my friend about how this could have effect in the economy, just yesterday. She shared a different view though, but she still agreed that it would affect the economy. Btw, I heard some people have been pulling in thousands in the current market condition despite the downturn. Any secrets?
@ericmendels
@ericmendels Жыл бұрын
@@albacus2400BC It's actually quite simple. Just concentrate on two main objectives. First, keep yourself safe by knowing when to sell stocks in order to limit losses and maximise gains. Second, get ready to benefit from market changes. I advise consulting a CFP or other professional for advice.
@stephenpotter21
@stephenpotter21 Жыл бұрын
@@ericmendels Yes, I have been in touch with a CFP ever since the 2020. So it's key to not lose your money. That's very important and is the first rule of investing. I personally use a wealth manager, and I return about $30k per month. Not as much as some people might make in returns, but at least my money is safe.
@victorlaranjahal
@victorlaranjahal Жыл бұрын
@@stephenpotter21 I really care more about the safety of my fund. Could you recommend the firm you work with?
@stephenpotter21
@stephenpotter21 Жыл бұрын
@@victorlaranjahal No, I don't use firms as firms. Their large bureaucracies don't enable good returns. I use individual wealth managers who have a proven track record. So you could check out a couple. I personally work with Sharon Louise Count.
@ben8878
@ben8878 Жыл бұрын
I love hearing rich people say we are in it together🤣🤣🤣😂😂😂
@KateFrancis-eo2rp
@KateFrancis-eo2rp 13 күн бұрын
LOL!
@conbertbenneck49
@conbertbenneck49 Жыл бұрын
Why? Let New Yorkers move up to the third floor. The heating system could then be on the second floor. The tenants now could use row boats to get around. That is good for health and solves the NYC car traffic problem. It also now has an automatic street cleaning system, Each tide cycle will flush the debris out to sea. You can fish out your window for fresh fish for dinner.
@azrrrrrrrr
@azrrrrrrrr Жыл бұрын
lmaooo. thanks for a good laugh bro!
@Jason-ji3wh
@Jason-ji3wh Жыл бұрын
You’ll be fishing rats
@KateFrancis-eo2rp
@KateFrancis-eo2rp 13 күн бұрын
That actually sounds really cool! 🙂
@rack9458
@rack9458 Жыл бұрын
Even a beaver knows that attempting to stop water flow creates flooding in the opposing areas!
@chrisk5437
@chrisk5437 Жыл бұрын
I think people need to reassess where they live… you live near a volcano, then you better expect lava. Live near a large body of water, expect a flood. You can’t beat nature
@magee1627
@magee1627 Жыл бұрын
You’re one of the few critical thinkers left. I agree with you, all animals are nomadic except modern humans
@Sparky-ww5re
@Sparky-ww5re Жыл бұрын
Spot on. Climate change has been happening for millions of years before the first dinosaur, and will continue for millions of years after the last human is replaced by another form of life, maybe even more intelligent than the human race. Unfortunately critical thinking seems to have gone the way of the manual transmission, having been replaced by social media telling them how to think and act.
@Murasame13
@Murasame13 Жыл бұрын
Look at California. Constant droughts and fires. Why? IT'S A DESERT.
@Ripoffanimalplanet
@Ripoffanimalplanet 7 ай бұрын
This is completely true, nothing can stop the flooding entirely. There are too many variables in this plan and flooding damages will still occur at a high rate.
@JohnnyJay81
@JohnnyJay81 6 ай бұрын
⁠@@magee1627That isn’t critical thinking. Especially if the idea is completely and utterly not salvageable or based in reality. It may sound good in your mind, or on social media, but human nature will never allow that nonsense to happen until they exhaust all other options, no matter the cost. Can you imagine the politics of emptying out the NEW YORK CITY metropolitan area???? Give me a break.
@RobLandauer
@RobLandauer Жыл бұрын
But we can't switch to renewable energy because that would cost too much.
@brmadden895
@brmadden895 Жыл бұрын
It's sadly ironic, isn't it?
@KRYMauL
@KRYMauL Жыл бұрын
As the mining companies start to move away from coal and toward lithium, cobalt, nickel etc. we start to see a dramatic shift in how politicians view renewable energy because all of a sudden it's companies Tesla that are writing the check not Exxon and Chevron.
@acealexander9070
@acealexander9070 Жыл бұрын
Thanks a lot CNBC for this awesome journalism and thanks to all the people involved in this project!! Hopefully all people in the NYC area benefit greatly from this project!! Also: please keep New York City alive and thriving as it has always been, is now and hopefully will stay for many more centuries to come.
@KazimaliMawji
@KazimaliMawji Жыл бұрын
This project will be delayed and final figure will be $150 Billion.
@bro7269
@bro7269 Жыл бұрын
If not more…..!
@shinji1264
@shinji1264 Жыл бұрын
Lol that's how it was back then, right now tho we've got a lot more incompetent ppl in power so it's gonna cost 300b and take twice the time u estimated
@qjtvaddict
@qjtvaddict Жыл бұрын
It’s over leave
@redfox4561
@redfox4561 Жыл бұрын
I mean we spend like twice that on military so id say even 150billion is worth saving one of the most important cities in history.
@bro7269
@bro7269 Жыл бұрын
@@redfox4561 Let me know who else you want to be the world’s military leader…..China? Russia?
@h3n985
@h3n985 Жыл бұрын
The issue for me is that this $52 billion budget will grow to be $300billion and timeline will extend double it's life.
@cathie3874
@cathie3874 Жыл бұрын
just wonder when Path can operate on weekends. it was said they were impacted by typhoon sandy 10 years ago but the construction is still in progress. the mighty slowness and the astonishing high budget really astonishes me...
@atomicwedgie8176
@atomicwedgie8176 Жыл бұрын
Well, embezzlement takes money. Politicians can't allow a project this size to go through without siphoning off a huge chunk for themselves.
@lambangwidy
@lambangwidy Жыл бұрын
we need dutch engineers, they have more experience for doing this
@evjq
@evjq Жыл бұрын
Thinking about cities with underground storm water reservoirs (Tokyo and Chicago as examples), I wonder what role or viability those could play in a solution.
@mvp019
@mvp019 Жыл бұрын
Let it go under - my hometown has become a shell of what it once was.
@tjr4459
@tjr4459 Жыл бұрын
I worked down in the Wall Street area when Sandy hit the city. The company didn’t reopen until 3 weeks after the storm. Even after that length of time, the water line from the floods were still visible on the building walls, it was about 10 feet high.
@SummerSausage1
@SummerSausage1 Жыл бұрын
Good. Put those crooks out of business!
@chriskim7123
@chriskim7123 Жыл бұрын
​@SummerWizz1 You'd be poorer than now without that crooks defending the economic stability.
@TheMadisonHang
@TheMadisonHang Жыл бұрын
you know what they say the writing is on the wall 🤭
@roccoVAL
@roccoVAL Жыл бұрын
@@SummerSausage1 I love those crooks :)
@SicilianStealth
@SicilianStealth Жыл бұрын
During Sandy my street was under 5 ft of water they evacuated us that day I went home to Rye to my parents where we didn't have electricity but we had hot water in the stove. I applied to FEMA and they put me up at the downtown W for 3 months. Sent me a check for $2,500 with an additional month at Gild Hall.
@madmachanicest9955
@madmachanicest9955 Жыл бұрын
There is more then enough money in the corporate investments and personal income of the richest new yorkers to pay for this program.
@jubelet
@jubelet Жыл бұрын
What makes you think you're entitled to take that money?
@LoveHandle4890
@LoveHandle4890 Жыл бұрын
Reminds me of the scene from A.I where New York in the future was underwater tbh.
@thedopplereffect00
@thedopplereffect00 Жыл бұрын
That movie was awful
@UncoolForYou
@UncoolForYou Жыл бұрын
The end of the world is Manhattan.
@Delosian
@Delosian Жыл бұрын
I like Plan 2, one or more large surge gates, as this is a lot like what the Netherlands did to protect against storms. It is the higher than normal waves that are the issue so if you can stop these waves from getting into the low-lying areas then you're largely fine. I would also look at dredging the NY Harbor area and using that to build up the sea wall where NY bay meets the Atlantic.
@NazriB
@NazriB Жыл бұрын
Lies again? Masters Of Sea
@SummerSausage1
@SummerSausage1 Жыл бұрын
Great suggestion, what is your Masters and PhD in?
@Delosian
@Delosian Жыл бұрын
@@SummerSausage1 I currently hold a Masters degree in Engineering, a Bachelors degree in Biomedical Science, I am a Senior Member of the IEEE (SMIEEE), I have 23 years of experience in the workforce, and I have co-authored multiple scientific research papers.
@truthhurts3524
@truthhurts3524 Жыл бұрын
I was thinking dredging may also be some assistance.
@squeektheweek6949
@squeektheweek6949 Жыл бұрын
This was exactly my thought, it is one project instead of several and I believe has the most longevity instead of having to revisit plans 10 years from now when things develop beyond the original several plans scope which are still being implemented.
@ThompterSHunson
@ThompterSHunson Жыл бұрын
There are no barriers tall enough to protect you from the wrath of mother nature.
@BigSleeveLess
@BigSleeveLess Жыл бұрын
So true
@premium7182
@premium7182 Жыл бұрын
Fact
@rochelleperry2242
@rochelleperry2242 Жыл бұрын
God is going to tear that down too WATCH! THEY JUST DON'T GET IT! NYC IS GOING UNDER
@mvpcilo2268
@mvpcilo2268 Жыл бұрын
Funny part is the people that caused this are sitting at the top of a hill.
@XOPOIIIO
@XOPOIIIO Жыл бұрын
Climate change is caused by consumers, not by producers.
@cwg73160
@cwg73160 Жыл бұрын
The people that caused this are dead. Good try, though.
@tsubadaikhan6332
@tsubadaikhan6332 Жыл бұрын
But they also own Beach Houses for Vacations. And they're probably insured for those.
@BradThePitts
@BradThePitts Жыл бұрын
For the same $52 billion you can build a couple blocks of the 1st Avenue Subway.
@qjtvaddict
@qjtvaddict Жыл бұрын
No longer worth it due to climate change
@KevinSmith-qi5yn
@KevinSmith-qi5yn Жыл бұрын
The it will hurt the poor and minorities the most line was pretty funny. How many poor people do you know who own property near the coast of the NYC area? Most poor people can't afford property in the NYC area at all. This is an issue with these projects when the ones making the decisions are bureaucrats and politicians. It takes them decades to come up with a plan, come in massively over budget and take decades to build.
@jerrypeukert5732
@jerrypeukert5732 Жыл бұрын
They have to sell it.
@akadoiphin267
@akadoiphin267 Жыл бұрын
@@TheDogGoesWoof69 you have to sell your soul to even afford a house in today’s age.
@JohnnyJay81
@JohnnyJay81 6 ай бұрын
Another idiot bot. Are all these Russian or Chinese?
@SamsungA-lj1zo
@SamsungA-lj1zo Жыл бұрын
Would it be possible to build breakers with rocks to mitigate surge damage? Also taking lessons from other cities using mangrove, greenspace, corals
@KailuaChick
@KailuaChick Жыл бұрын
It’s a nice thought but mangroves are tropical, they wouldn’t survive the cold. Same with corals.
@stansb37
@stansb37 Жыл бұрын
Netherlands have this
@richardnuevo
@richardnuevo Жыл бұрын
Mangroves as natural barriers in that part of the globe? 🙄
@Time2Live.online
@Time2Live.online Жыл бұрын
At the current rate the Antarctic Doomsday Ice Sheet is breaking up New York does not have until 2044. The sea level will be rising by about 11.5 feet in the next 2 to 3 years, and double that by 2030. It's a shame no one took the warnings seriously back in the 1970s when there was plenty of time to deal with this. If I lived in NY, I would start looking to relocate soon.
@UptownSigma
@UptownSigma Жыл бұрын
From a new yorker definitely soon
@johnsamuel1999
@johnsamuel1999 Жыл бұрын
That 52 billion dollars will jump to 200 billion dollars 😂
@adammorra3813
@adammorra3813 Жыл бұрын
Very true John.
@davidmontgomery8938
@davidmontgomery8938 Жыл бұрын
Similar work is being done to protect Houston - it's just a necessity at this point.
@Bryan-eq6nt
@Bryan-eq6nt Жыл бұрын
Nigeria did something similar and it worked well. It's pretty feasible as far as there aren't other water bodies getting pushed by the walls
@briansmith6306
@briansmith6306 Жыл бұрын
Time for NYC to raise taxes…..no reason the entire nation should have to pay.
@aeris...5389
@aeris...5389 Жыл бұрын
They should be ready to build an underwater city
@joegallego7490
@joegallego7490 Жыл бұрын
That's crazy, why not to spend that money on planting more trees or on renewables energy sources and the best option is to start cutting down on fuel consumption. China, US and India are really affecting the rest of the world because of their massively green gas emissions
@TheMadisonHang
@TheMadisonHang Жыл бұрын
why does this seem so familiar? reminds me of some other sunked cities in europe
@christophermiller3031
@christophermiller3031 Жыл бұрын
some sort of energy generation really should be built into this project... be it waves, wind, solar... with such a big project that requires maintenance... making it a powered generating project could make it seem more utopian and less dystopian
@KRYMauL
@KRYMauL Жыл бұрын
An off shore wind farm and oyster farm/ sea wall would make a lot more sense. I hope they actually incorporate stuff like that.
@attanborney6992
@attanborney6992 Жыл бұрын
Or they could just do something about climate change. 🤔
@Iwish4zombies
@Iwish4zombies Жыл бұрын
Either way they’ll tax you don’t worry
@automnejoy5308
@automnejoy5308 Жыл бұрын
That ship has sailed, crashed, burned and sunk.
@geoffgeoff3333
@geoffgeoff3333 Жыл бұрын
Question: does the plan include dealing with rainwater runoff from super storm? If not, won't the area behind the storm gates flood?
@markfactor5952
@markfactor5952 Жыл бұрын
Guess rain water will flow from the drainages towards the wall where high capacity pumps will pump them over the wall
@chaoswarriorbr
@chaoswarriorbr Жыл бұрын
Manhattan is an island in a river coming out to sea. There isn't a viable plan to contain that. Build somewhere else, it'll cost less. F NYC!
@thegntlemn1986
@thegntlemn1986 6 ай бұрын
Precisely.
@ismailnyeyusof3520
@ismailnyeyusof3520 Жыл бұрын
In an ideal world I imagine the best solution woud be massive walls that remain hidden until the 100 years storm and then they rise to protect the city. Probably cost way more than 52 billion though, along with exorbitant maintenance costs.
@HYPEREX
@HYPEREX Жыл бұрын
Sounds like a movie
@sobeliever1638
@sobeliever1638 Жыл бұрын
In my mind when the time comes the wall does not rise because a millennial was to busy lving their best life on KZbin and did not maintain it.
@pl6935
@pl6935 Жыл бұрын
10x the estimate so the politicians can line their pockets
@jamesmaduabuchi6100
@jamesmaduabuchi6100 Жыл бұрын
The stock market has been a really tough one this past year, but I watched an interview on CNBC where the anchor kept mentioning "katrina vanrensum ". This prompted me to get in touch with her, and from August 2022 till now we have been working together, and I can now boast of $540,000 in my trading portfolio.
@dorissteve912
@dorissteve912 Жыл бұрын
That's right, getting in touch with a consultant during the pandemic was how I was able to scale through the crazy stock downtrend.
@jamesmaduabuchi6100
@jamesmaduabuchi6100 Жыл бұрын
Like I said earlier , her name is Katrina Vanrensum and you can reach her via her website.
@jamesmaduabuchi6100
@jamesmaduabuchi6100 Жыл бұрын
Just run a search on her name, and you would see all you need.
@mikewhite2085
@mikewhite2085 Жыл бұрын
Ain't nobody falling for these bots
@Aiordo
@Aiordo Жыл бұрын
@@wza223-fo3mc They really are 😆
@jovanabeograd
@jovanabeograd Жыл бұрын
I wish NYC the best
@R.U.1.2.
@R.U.1.2. Жыл бұрын
You COULD spend it on better office furniture. That would be a once-in-a-day upgrade.
@miroslavstafi
@miroslavstafi Жыл бұрын
Whats about Yellowstone?
@witness1013
@witness1013 Жыл бұрын
So - just a years rent in an Manhattan penthouse... seems reasonable...
@imperialmotoring3789
@imperialmotoring3789 Жыл бұрын
I thought "build bridges not walls".
@hyggemcb06
@hyggemcb06 Жыл бұрын
Why did the study take 10 years! Sandy was in 2012, started in 2013 and construction expected complete by 2040's when sea level will already be higher...
@ronblack7870
@ronblack7870 Жыл бұрын
add 20 feet to the land. jack up all the structures. chicago did it one time including raising tall buildings.
@01ai01
@01ai01 Жыл бұрын
This is a problem that solves itself without a sea barrier. If property insurers charge market rates that reflect the risk, and the federal government took a position of not bailing out landowners, then people would move, causing property values to decline to the point that building a wall wouldn't be anywhere near economically feasible. Problem solved, you're welcome.
@Triquetra15
@Triquetra15 Жыл бұрын
Finally. I’ve been looking for an intelligent comment that understands reality. Why should everyone else have to pay to fix these people’s real problem which is there need to live as close to ocean as possible without ever seeing water in their house. There is literally a whole continent they could move to. If they really want to stay there, I’m all for it, but they should pay. They haven’t been getting out their pocketbooks for people living in West Virginia who are partially poor because of their bad geography.
@ashleyhill6697
@ashleyhill6697 Жыл бұрын
​@@Triquetra15 the trend seems to be going to no state tax and bigger federal govt.
@matthewhintz6404
@matthewhintz6404 Жыл бұрын
Reminds me how pre 1950 living close to the ocean wasn’t considered desirable in the way it is today. People who did live on the coast often didn’t even have windows facing the water. The ocean was a source of heavy winds and the technology didn’t exist yet to proof your home from the force of these. How about instead of using technology to force making a previously inhospitable environment somehow livable, we just accept that Mother Nature can’t be completely dominated and we instead should adapt in other ways.
@JohnnyJay81
@JohnnyJay81 6 ай бұрын
The fact that this nonsense got likes is an indication of the lack of education and common sense in today’s world. Do you not understand global economies, POLITICS, and the societal impact of doing what you say? Do you not understand the massive interruption this would have on the country and the far greater cost? My goodness, how can people be so narrow minded and completely unable to think past the trees. Stop watching nonsense that just reinforces your ignorance and actually try to get educated. But we all know you won’t..
@JohnnyJay81
@JohnnyJay81 6 ай бұрын
@@Triquetra15Zero brain activity here
@YouTubeCensorsEverything
@YouTubeCensorsEverything Жыл бұрын
There has to be an engineer able solution to divert flood waters into lower waterways and do it without some giant expensive sea wall. Imagine if we took all that extra water and captured it for our reservoirs somehow. I'm not going attempt to guess if or how we could do that but I can only hope they're thinking about it in a practical way.
@bkguy11203
@bkguy11203 Жыл бұрын
NYC's reservoirs are all located north of the city and are mostly full. Capturing surge water would have to be desalinated and would take a tremendous amount of energy to then transport upstream, so while its a nice idea that isnt something that is really necessary and/or feasible.
@YouTubeCensorsEverything
@YouTubeCensorsEverything Жыл бұрын
@@bkguy11203 I'm not saying that's the right solution but there's many ways water moves across continents. We just have to think about how to get to do that same thing when we want, where we want. If we can't solve problems like this in the 21st century we're doomed.
@enriqueshunnar6725
@enriqueshunnar6725 Жыл бұрын
This reminds me of the Expanse Series New York Wall
@briangervais5962
@briangervais5962 Жыл бұрын
Just start building higher. You can't wall off the ocean for more than a decade or two. I don't want to pay taxes for rich people on the coasts to constantly rebuild after disasters.
@donaldatherton319
@donaldatherton319 Жыл бұрын
okay playing devils advicate here: lets say this approved and built and works, what is to prevent any other site on coastline demanding their own $52 billion project?
@AmeriMutt76
@AmeriMutt76 Жыл бұрын
Been waiting for this to actually happen for years. I mean, sci-fi had this figured out way back in 1981!
@TheBooban
@TheBooban Жыл бұрын
Yeah, wall to keep NYC in, not the sea out!
@fearless6947
@fearless6947 Жыл бұрын
which movie?
@peterbelanger4094
@peterbelanger4094 Жыл бұрын
It was ONE storm, 11 years ago. The world is NOT ending.
@veronicalee5937
@veronicalee5937 Жыл бұрын
@@TheBooban Will it keep their Politics IN though???
@sexywave
@sexywave Жыл бұрын
1:21 I'm all for the wall around NY itself not just the wall in our southern border, know what I'm saying? 🤣
@thunderb00m
@thunderb00m Жыл бұрын
How the people who own homes on billionaires row make an investment to protect their assets and fund this project?
@ronbennett7885
@ronbennett7885 Жыл бұрын
Probably be cheaper to alter the weather so more water freezes over cold regions, in particular, the South Pole. That would draw down sea levels over time. Wall might help for a 1-2 foot rise, but anything more, likely not. Water will find a way to get around the wall including coming up through the soil. Better approach is moving much of the city and/or raising the buildings.
@powerhouse884
@powerhouse884 Жыл бұрын
I ams sure you discuss that with Storm and Professor Xavier already. Brilliant take, hope we hear from them soon.
@distracting1
@distracting1 Жыл бұрын
Or we could try and stop climate change by going to renewable energy, wasting less, and planting trees?
@atomicwedgie8176
@atomicwedgie8176 Жыл бұрын
@@distracting1 Obama and Gore have beachfront mansions... I wouldn't worry too much about climate change.
@distracting1
@distracting1 Жыл бұрын
@@atomicwedgie8176 "same I also think we shouldn't care about when the glaciers melt all of florida will be under the sea!"
@atomicwedgie8176
@atomicwedgie8176 Жыл бұрын
@@distracting1 Take a glass and fill it with ice, set it on a table, and be amazed that it won't run over, when it melts. Climate change is a money and control grab against us. Statistics show the world is ACTUALLY cooling... it goes through heating and warming cycles. These politicians and scientists pushing this nonsense are demons.
@cliffwoodbury5319
@cliffwoodbury5319 Жыл бұрын
Might as well build trillions of dollars of walls on all coast. The U.S. should have began populating the Mid West a long time ago. the North American water Shed is huge and extending from the Arctic Ocean to the Gulf of Mexico and by connecting it north to south and east to west should be a priority.
@TheBooban
@TheBooban Жыл бұрын
Smarter to just extend the coast. Problem is cities too near to the water. Can’t move the city now, so just reclaim land and rebuild the coast with natural barriers and give people their natural coast again. Must be cheaper and better solution.
@crankychris2
@crankychris2 Жыл бұрын
Have you ever been to the Midwest USA? 'Nuff said, its worse than Ukraine, especially the meth!
@aecath
@aecath Жыл бұрын
The lack of urgency is astounding.
@asahel980
@asahel980 Жыл бұрын
If only Long Island is connected whole to connecticut , a sea walls(like attack on titan tall walls) to the south will just suffice and they can make a natural huge water reservoir and can make a hydroelectric dam too.
@laptopdroptop9457
@laptopdroptop9457 Жыл бұрын
Man in a suit says we’re all in this together, check your wallets people lmao
@dkmooninite
@dkmooninite Жыл бұрын
based lol
@jimmyliu4614
@jimmyliu4614 Жыл бұрын
Sea walls might be working in the short term, but they become less viable in the long term under projected climate change and sea level rise scenarios. I am afraid that major cities like New York will eventually have to strategically relocate their critical social and financial infrastructure to inland areas.
@idigrocks
@idigrocks Жыл бұрын
Places like New York can’t exist long term. A sea wall would eventually fail and they don’t have the ability to stop a flood like that, it would be a catastrophe
@peterbelanger4094
@peterbelanger4094 Жыл бұрын
You kids are completely brainwashed.... sigh....
Жыл бұрын
Ask Dutch, they have 1/3rd country below sea level
@BenjaminCronce
@BenjaminCronce Жыл бұрын
Won't be "inland" for long. Plan correctly, and it'll be water front again.
@KRYMauL
@KRYMauL Жыл бұрын
@@idigrocks They could exist, but you would have to include things like creating more bogs or natural island to absorb some of the water. The whole over engineers thing never quite fixes a problem like this. Also, I wouldn't be surprised if the government started incorporating climate action messages into eminent domain laws. Maybe would could eventually solve the issue by giving the water a place to flow instead of just being dumped into the streets.
@beo456
@beo456 Жыл бұрын
Our new estimate is now 500 Billion and 30 years to build.
@jakkeni7212
@jakkeni7212 Жыл бұрын
If we would have worried about climate change like we should have , decades ago, we wouldn't need to worry about building a wall now
@yuglesstube
@yuglesstube Жыл бұрын
I wonder how they plan to pay for all this, and it's not just NY!
@forex4137
@forex4137 Жыл бұрын
Very interesting
@linkjag
@linkjag Жыл бұрын
There is no world in which climate migration wouldn't just benefit the hugely wealthy. All of the rich people pushed out of lower Manhattan will just be moved to the Bronx and the non coastal parts of Brooklyn and queens which are some of the last ungentrified areas of the city. They'll make those places their new homes and push the people who live there onto the streets. Climate migration cannot be an option
@DunnickFayuro
@DunnickFayuro Жыл бұрын
I'd argue that the insurance companies should get involved in the funding of this. At least partially. They're the ones who will eventually save big money from this.
@sobeliever1638
@sobeliever1638 Жыл бұрын
They barely want to pay what they should be paying how would this ever happen?
@DunnickFayuro
@DunnickFayuro Жыл бұрын
@@sobeliever1638 They would save more money. They like paying less. It's in their corporate DNA.
@jeremygibbs7342
@jeremygibbs7342 Жыл бұрын
At $52 Billion. Correct me if I'm wrong, but wouldn't it be cheaper to build a new city that can A. Handle a growing population and B. Not be in the direct path of hurricanes based on accessible data?
@Maxine13267
@Maxine13267 Жыл бұрын
It’s probably much more environmentally damaging to build a whole new city. The increase in co2 material transportation and manufacturing would exacerbate the problem and wherever that new city is placed we’ll see increased problems as well. If you move it inland and it gets too hot you get droughts and wildfires. Move it north and the weather is erratic you get blizzards with 10 feet of snow. The reality is we have to modify the city and change the way we live and interact with nature to secure the future.
@AndresGarcia-on9gb
@AndresGarcia-on9gb Жыл бұрын
The damage from Sandy was $19 Billion for NYC and $37 Billon in NJ and that is with buildings and infrastructure being repaired. You're not moving a fraction of NYC for $52 Billion. One WTC alone cost $3.8 billion to build and it's not uncommon that individual office buildings in Manhattan run into the billions of dollars to construct. The real estate in all of NYC alone is worth literally trillions of dollars and if you take into account the infrastructure you're looking at trillions more. Start building all new building and infrastructure and you're probably in range of tens of trillions of dollar just to move NYC.
@billhorning4023
@billhorning4023 Жыл бұрын
"The names Plisken!" Said a guy in a movie with a wall around New York
@TrilithiumBanditKelsey
@TrilithiumBanditKelsey Жыл бұрын
This will end up like the levy-system around New Orleans; whatever ends up being constructed... it won't be maintained, just like all the other dated, mouldering infrastructure here.
@fortunatusfortunatus
@fortunatusfortunatus Жыл бұрын
New Yorker can surely afford this because New York has a "billionaire row" 🙂
@Rust_Rust_Rust
@Rust_Rust_Rust Жыл бұрын
You pay for it
@TheRoyalManbird
@TheRoyalManbird Жыл бұрын
Imagine if someone spent $52 billion fixing what's causing these mysterious rising seas and extreme storms
@speakingofgreg
@speakingofgreg Жыл бұрын
52 Billion wouldnt be nearly enough
@AmeriMutt76
@AmeriMutt76 Жыл бұрын
@greg9761 the implication (to me) is that the sum of all the expensive "adaptations" will be more than what fixing the problem in the first place would have been. Next week, Musk will claim his mission to Mars is actially a climate change adaptation and secure government funding..
@riteshshinde3092
@riteshshinde3092 Жыл бұрын
Sounds good but these changes are only possible through systemic policies to incentivize carbon neutral activities
@chelechillen7848
@chelechillen7848 Жыл бұрын
Ya you should start. Go live in a cave.
@TheBooban
@TheBooban Жыл бұрын
@@kronosaurelius but people are making money with renewables. So adapting to climate change doesn’t have to be a net loss. It’s actually profitable. Healthier. Everyones happier. And not dead n stuff.
@aero1000
@aero1000 Жыл бұрын
Why not reclaim a big part of the land as part of a sea wall. You can create a new seafront, and more buildings in high value area which would also generate money, it’s just like Flevoland in the Netherlands, any of the proposed plans are heavily inspired by the Netherlands.
@r.b.l.5841
@r.b.l.5841 Жыл бұрын
What Sealevel rise did they use for the design? 14 years - likely triple that. during that time, the revised Sealevel rise will blow this design 'out of the water' better move to 70 meters higher ground.
@JS-pb6gb
@JS-pb6gb Жыл бұрын
So it will be more like 75 billion. I don’t think block nyc waterfront go with plan 2
@karenzipern6892
@karenzipern6892 Жыл бұрын
An excellent story that clearly communicates the complex climate challenges faced by all New Yorkers . Lindsey reports not only on the problems but also on some potential solutions as well
@Tsukonin
@Tsukonin Жыл бұрын
It will cost much more than that, and it'll be a waste of money and ressources. No plans for facing climate change or even for facing economic recession/retraction. That's insane. Not to mention we don't know how much sea levels are going to rise since we don't know if global temperatures are going to be 2, 3 or 4 degrees higher than pre-industrial times. Precisely because of the uncertainty, it wouldn't hurt to already prepare for the worse, which means already planning relocations of some of the most low-lying areas of NYC's region.
@twothreefour234
@twothreefour234 Жыл бұрын
Flushing NY from time to time may not be all bad.
@containedhurricane
@containedhurricane Жыл бұрын
Too costly. I bet the Dutch can offer a much cheaper solution
@pieterveenders9793
@pieterveenders9793 Жыл бұрын
Guaranteed. They did an even bigger project for 1/10th the costs. The Delta works they built to defend the Southwest of the country protects an area bigger than New York, and was designed and built for a mere €5 billion. Even better, it still allows the port of Rotterdam, the 3rd biggest in the world, to work without any hindrance to its shipping whatsoever yet can fully close everything off in less than an hour if needed.
@markovermeer1394
@markovermeer1394 Жыл бұрын
@@pieterveenders9793 Too optimistic. Those 5B€ was spend between 1960 and 1997. Taking inflation into account, my wild guess is that it costed around 30B€ in todays money. But better to look at current investments. The Dutch spent 7.7B€ per year (2020) on water management projects, which is just short of 1% of the GDP. 1% of 21Trillion US$ (GDP) is 210B US$ per year. 50B spread over many years to protect NY is not much. Relatively.
@Arational
@Arational Жыл бұрын
The wall around New York is in the opening sequence of The Expanse.
@kiyanwest_
@kiyanwest_ Жыл бұрын
Is the wall to keep water out or the ppl in 🤔
@FinancialShinanigan
@FinancialShinanigan Жыл бұрын
If anything, 8 million New Yorkers will get free scuba gear!
@GilmerJohn
@GilmerJohn Жыл бұрын
Perhaps the city can gradually be raised up. Start with the streets block by block. The building owners can do changes in their entrances or whatever it takes. There is a precedent for this: when the NY Central RR ran tracks to Grand Central Station, it was decided to raise the street level to above the track level. The necessary accommodations were made. Park Avenue runs OVER the NY Central tracks.
@jumbomuffin1316
@jumbomuffin1316 Жыл бұрын
…. Huh?
@travellingslim
@travellingslim Жыл бұрын
"We should take bikini bottom and push it somewhere else!"
@AlexandrePRODHOMME
@AlexandrePRODHOMME Жыл бұрын
futurama's NEW New York comes to mind
@andrenewcomb3708
@andrenewcomb3708 Жыл бұрын
Salt water purges and flood drainage backing into EVERYWHERE. They saw this a lonnnnnnnnnnnnnnnnnnnng time ago. Aqueduct Racetrack.. (The only water they could get for pasture and equine could only happen by importation.
@Ayo22210
@Ayo22210 Жыл бұрын
That sounds like a local issue
@nitemare1525
@nitemare1525 Жыл бұрын
Glad luck nyc with this plan
@Rust_Rust_Rust
@Rust_Rust_Rust Жыл бұрын
We don't need luck we are rich
@woobanger6886
@woobanger6886 Жыл бұрын
It ⏲️ to leave the BIG CITY OF DREAMS
@ragdog1257
@ragdog1257 Жыл бұрын
The wave trailer 🌊🤷
@scoops2
@scoops2 Жыл бұрын
Well here's hoping there isn't another hurricane before 2044...
@blakespeith3698
@blakespeith3698 Жыл бұрын
You work for 40yrs to have $1m in your retirement, meanwhile some people are putting just $10k in investing coins for just few months and now they are multimillionaires, all thanks to Mrs Julia, God bless you ma 👏
@lucyfrashu352
@lucyfrashu352 Жыл бұрын
I'm 37 and have been looking for ways to be successful, please how??
@jameswillson8910
@jameswillson8910 Жыл бұрын
😱Sounds familiar, I have heard her name on several occasions.. and both her success stories in the wall Street journal!
@vanillafyona6557
@vanillafyona6557 Жыл бұрын
​ Wow wow please is there any way to reach there services, I work 3 jobs and trying to pay off my students loan for a while now!! Please help me
@vanillafyona6557
@vanillafyona6557 Жыл бұрын
​@Randy George Thanks am sending her a message NOW! this is huge opportunity for me
@milleroven9670
@milleroven9670 Жыл бұрын
​My first 15 figure profit shocked everyone that they started trading with her guidance and expertise on both stocks and crypto....
@headlightman
@headlightman Жыл бұрын
Escape from New York! 😂 5% of the countries economy and becoming less everyday. How many boarded up window downtown still? All those companies who said they'll never be back! How's that Louisiana thing going now? You know New Orleans? Who's paying for it?
@Frenchieeeee
@Frenchieeeee Жыл бұрын
The $0 solution: Don't, fk cities. We don't need cities when we can work remote.
@nikitakucherov5028
@nikitakucherov5028 Жыл бұрын
Invest a few million in PICKING UP THE DAMN TRASH. Im visiting NYC right now and it’s ridiculous
@saulgoodman2018
@saulgoodman2018 Жыл бұрын
How about work on the the water systems. It floods in Hoboken from just a half inch of rain. More drains, and make the pipes bigger. It will not flood.
@xaza8uhitra4
@xaza8uhitra4 Жыл бұрын
Just redirect the next hurricane to billionaires row and wall street. problem solved
@ericeandco
@ericeandco Жыл бұрын
Massachusetts had to put a bridges tax on gas to deal with their infrastructure issue. Maybe Manhattan has to implement a flood tax to take care of their flood issues.
@Bennie32831
@Bennie32831 Жыл бұрын
The Wall idea worked out so well in those city's that were washed away buy suenami
@leononymous2562
@leononymous2562 Жыл бұрын
Sci-Fi, once again, becoming a reality.
@wtfa2910
@wtfa2910 Жыл бұрын
We won't be alive to see it
@ShidaiTaino
@ShidaiTaino Жыл бұрын
@@wtfa2910 so?
@xtuskay
@xtuskay Жыл бұрын
The Expanse
@ShidaiTaino
@ShidaiTaino Жыл бұрын
New York is priceless. The city must survive at all costs.
@Sanyu-Tumusiime
@Sanyu-Tumusiime Жыл бұрын
it's garbage. i hope we pollute more and let new york sink along with LA and SF
@almdrs
@almdrs Жыл бұрын
I agree!
@ronkirk5099
@ronkirk5099 Жыл бұрын
Just think how much green energy infrastructure, wind turbines, solar farms, battery storage, etc, we could buy with 52 BILLION dollars. An ounce of prevention is worth a pound of cure. Building seawalls is a waste of resources that could be put to better use avoiding the problem all together.
@MarkWhiteartist
@MarkWhiteartist Жыл бұрын
Why not drop large boulders into the sea to create an underwater wall that reduces wave size? Similar to how some Caribbean beaches have a "shore" hundreds of feet out. It's better than a visible wall and wouldn't require construction or years to build. The boulders would absorb the wave impact, protecting the land.
@AndrewSalad
@AndrewSalad Жыл бұрын
Have these analysts heard of the Dutch walling off the north sea?
@markovermeer1394
@markovermeer1394 Жыл бұрын
Half of the North Sea (roughly between the UK and Scandinavia) is not as deep as the Hudson, and much calmer water. It would protect tens of thousands of kilometers of sea dikes against the rising see levels. NY has bigger geographical and financial problems to increase their protection.
@gilbertfranklin1537
@gilbertfranklin1537 Жыл бұрын
Almont every person who lives on a shoreline along a coast of this country, or any other, made the decision to do so on their own. Most of the time it is in whole or part because of the enjoyment of the lifestyle, the view, the access to water, etc. Because of the risks, those who do must realize that in the event of storms or rising water levels they would need help to survive or recapture lost wealth. When such events occur, this help comes from others who generally do not live in these high-risk areas. Shoreline properties are always more expensive than inland locations. Perhaps many of us would like to live on a beach or overlooking a large body of water, but use our god-given intelligence to decline the exposure to harm and loss of the investment. Why should the rest of us (95%) have to pay the storm damage costs of those who can afford the luxury of living at the ocean's edge? They should be forbidden to build there unless they have complete insurance or resources to cover such damages.
@twothreefour234
@twothreefour234 Жыл бұрын
Well said.
@donaldatherton319
@donaldatherton319 Жыл бұрын
your comment is certainly something which has to be condidered
@superelectric8834
@superelectric8834 Жыл бұрын
I think 95% of the population lives bear the coastline and 5% lives in east bum f
@jojotwice8918
@jojotwice8918 Жыл бұрын
most of the people living near the coastlines in nyc are actually the poor. Coney island, far Rockaway are poor people areas. it's only in recent years that the rich have started to push the poor out with their million dollar condos. ur statement reeks of ignorance. the people that will be stranded will be the poor that can't afford to move out when the floods hit.
@gilbertfranklin1537
@gilbertfranklin1537 Жыл бұрын
@@jojotwice8918 - You are correct, NYC can never be used as an example that applies to the normal areas of the US. Everything in that city is screwed up. 🤣
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