Correct!

Then God spoke to Noah and to his sons with him, saying, ⁹ "Now behold, I Myself do establish My covenant with you, and with your descendants after you; ¹⁰ and with every living creature that is with you, the birds, the cattle, and every beast of the earth with you; of all that comes out of the ark, even every beast of the earth. ¹¹ "And I establish My covenant with you; and all flesh shall never again be cut off by the water of the flood, neither shall there again be a flood to destroy the earth." ¹² And God said, "This is the sign of the covenant which I am making between Me and you and every living creature that is with you, for all successive generations; ¹³ I set My bow in the cloud, and it shall be for a sign of a covenant between Me and the earth. ¹⁴ "And it shall come about, when I bring a cloud over the earth, that the bow shall be seen in the cloud, ¹⁵ and I will remember My covenant, which is between Me and you and every living creature of all flesh; and never again shall the water become a flood to destroy all flesh. ¹⁶ "When the bow is in the cloud, then I will look upon it, to remember the everlasting covenant between God and every living creature of all flesh that is on the earth." ¹⁷ And God said to Noah, "This is the sign of the covenant which I have established between Me and all flesh that is on the earth." Genesis 9:8-17 (NAS)

Although the earth has suffered local floods, God promised never again to destroy by flood "all flesh" or the entire earth by flood.

How will God destroy the earth?

The Bible says how God will destroy the entire earth sometime in the future. Consider the words of 2 Peter 3:9-12:

"The Lord is not slow about His promise, as some count slowness, but is patient toward you, not wishing for any to perish but for all to come to repentance. But the day of the Lord will come like a thief, in which the heavens will pass away with a roar and the elements will be destroyed with intense heat, and the earth and its works will be burned up. Since all these things are to be destroyed in this way, what sort of people ought you to be in holy conduct and godliness, looking for and hastening the coming of the day of God, on account of which the heavens will be destroyed by burning, and the elements will melt with intense heat! 2 Peter 3:9-12 (NAS)

How does it make you feel that the reason that Jesus hasn't yet come is because God is "patient toward you, not wishing for any to perish but for all to come to repentance."

 How long do you think God will remain patient?

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