...[T]he high cost of coastal homes in New York and Los Angeles is on its own a market signal that the alleged threat of global warming is well overdone. Even worse for those who buy into the theory of global warming that says a planetary crack-up is inevitable absent a substantial human response, is that Malibu, Manhattan and the Hamptons are filled with the very people who, when asked if they believe in the global warming theory, would most likely say yes.
Ok, so Ted Danson owns in Martha's Vineyard, noted environmental activist Laurie David does too, and then Al Gore is known to have purchased a coastal palazzo in Montecito, CA. What this tells us is that even global warming's most famous advocates don't believe very deeply in their own activism. To believe the warmists we're sitting idle as Rome supposedly burns, but as evidenced by the popularity of coastal property among warmists and non-warmists alike, the market says the 'science' predicting catastrophe is utter nonsense.