this post was submitted on 09 Jan 2025
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[–] sexywheat@hexbear.net 4 points 7 hours ago

Pretty much the same shit happened in Alberta with the forest fires last year. Budget cuts followed by devastating fires. Whoops we have no money because we gave it all to fossil fuel subsidies.

[–] tactical_trans_karen@hexbear.net 7 points 12 hours ago (1 children)
[–] johncutting@hexbear.net 9 points 11 hours ago (1 children)

"Resources." They didn't want to pay to do the work so that citizens will bear 100% of the risks and costs even though they already paid for it. We'll also have to pay to bail out the insurance companies that I guarantee will cry that they don't have large enough reserves despite historic stock buybacks and dividends in the industry.

A failure on so many levels.

[–] johncutting@hexbear.net 5 points 11 hours ago

This, but for basically every for-profit insurer for the past five years. Anyone with insufficient reserves now should be nationalized because clearly their for-profit model is useless.

https://www.reuters.com/markets/europe/zurich-insurance-announces-125-bln-buyback-after-record-profit-2024-02-22/

[–] terminhell@lemmy.dbzer0.com 7 points 12 hours ago

What could possibly go wrong

[–] miz@hexbear.net 3 points 10 hours ago

what could go wrong?

[–] RangeFourHarry@hexbear.net 20 points 17 hours ago (1 children)

Yeah no the CA fires are the perfect storm of bad management, bad policy, and bad weather. People have been saying for years that stuff needs to change, and nobody gives two hoots when it’s NorCal.

[–] bbnh69420@hexbear.net 10 points 12 hours ago (1 children)

It being SoCal this time does not mean actual changes will be made, we aren’t that special

[–] combat_doomerism@hexbear.net 4 points 12 hours ago (1 children)

very rich people's homes are burning down, im sure that raises the odds at least a bit that something could change

[–] bbnh69420@hexbear.net 10 points 12 hours ago* (last edited 12 hours ago) (1 children)

NorCal has plenty of rich people who were affected by the 2020 nightmare. Any change will be individual and private, not on the level of management and policy lmao

[–] combat_doomerism@hexbear.net 3 points 12 hours ago

fair enough i guess

[–] FidelChadstro@hexbear.net 14 points 17 hours ago (1 children)

Thinking about the record rainfall a year ago and how much extra plant growth it stimulated that is now fuel for these fires

[–] Hexboare@hexbear.net 1 points 3 hours ago

That's how it happens