🏛️ Wildfire value-at-risk pushes fire-hardened building code national

Chamath politics-market w=1.02 · n=96 · E211 (2025-01-18) · explicit_prediction · strength 2 ▶ 48:57 SUPPORT

“And then the last chart goes through and it actually does, CoreLogic does an assessment of the value at risk. So in California, it's three quarters of a trillion dollars that are at about 1.26 million homes that are at moderate or great risk of fires. In Colorado, it's about 141 billion. In Texas, it's 88 billion. In Oregon, it's 45 billion. In Arizona, it's 36 billion. The point is that everything you said, Jason, now needs to get scaled out, meaning there needs to be a national level conversation. This can't be a bunch of city planners making code and making laws in a little municipality. Because that problem, what that shows you is we have a multi-trillion-dollar risk to a lot of people in the Western United States specifically around this issue that has to get dealt with by code.”

Jason politics-market w=1.00 · n=62 · E211 (2025-01-18) · explicit_prediction · strength 2 ▶ 47:39 SUPPORT

“they're all wood built, you know, none of this is concrete, none of it's brick. California is all wood, and so they probably should add some regulations about building things that are fireproof, because if you had a hundred homes that were all fireproof and built to withstand this, that would act as a natural break. And if you didn't have as much vegetation, so there's probably a series of things that should be added here in terms of regulations while you're getting rid of some of the ones that are slowing you down.”