Goodbye Florida, Hello Gulf of Mississippi
The premise of McKenzie Funk's Windfall: The Booming Business of Global Warming, which I am currently reading, is that the planet is going to warm, the ice caps are going to melt and the Northwest Passage is going to open to more and more sea traffic and oil and gas exploration. Forget 360 parts per million CO2, Mr. McKibben, mankind shows little interest in mending our profligate ways, we're headed to 450 and probably well north of that number.
That being pragmatic reality at the moment, the thinking goes, it only makes good business sense to invest in businesses that will boom and profit from global warming: hedge funds that invest in water resources, private fire protection companies, reinsurance, Greenland mineral mining.
One area I wouldn't invest in is any property in Florida and up the entire East Coast of America if you believe scientist calculations of what will happen when all that frozen water in Greenland and the Antarctic thaws. However, it might be worth buying landlocked property at the edge of the foothills of the Boston Mountains in Arkansas or the boot heel of Missouri, which may someday become valuable water front property on the shallow Mississippi Gulf. A saltwater extension of the Gulf of Mexico, it's depicted on the map above created by graphic artist Martin Vargic.
Unlike other illustrative efforts to show what happens when an estimated 260 feet of fresh water flood the ocean's of the world, Vargic has adapted the standard grade school projection showing national and state boundaries and major cities of the world. He also takes the opportunity label these new geographic features, which will emerge someday over the course of hundreds of years - we hope - including the new Mississippi Gulf.
Besides its appearance and submergence of the US East Coast, San Francisco's fabled bay becomes an major inland sea, covering much the agriculture land of the San Joaquin Valley, permanently removing millions of acres of prime farm land from production for the rest of recorded time.
Sounds improbable, you say? According to Funk, the native peoples of Greenland are now discovering new fish in their nets: herring and sardines, warmer water fish historically never seen so far north.
blog comments powered by Disqus