Solving Global Warming

It will mean that land is affordable again. :D

And probably bankrupt the governments of the world as a result of the 1 billion refugees that would result in ocean-level rising. You thought Katrina was bad? :p
 
Wasn't it said that if the polar ice caps were to melt, sea levels would rise by 2 metres? Oh no! Two metres! That means beaches will have to be moved further away! I don't think we'll be able to withstand a 2 metre rise in water!

Seriously, I'm supporting such a gesture.

Global Warming solved
Fire lots of nuclear weapons
Problem is solved now

How's that for a haiku?
 
People don't really understand stored wealth (like in buildings), but the big difference is that the buildings become useless and not available for trade, when the oceans rise. This is very different from many other scenarios.

This means that the refugees will have lost a major portion of their assets. I don't know if anybody has moved due to employment, but it's expensive and highly inefficient. If you couple that with a loss of assets, it's nigh-near devastating.

The economy does not mind when poor people migrate to find work. But it terribly minds when people with assets have their assets taken away, and then they're forced to migrate.
 
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