by Sidd Mukherjee and Daniel Brouse Sidd said, “Do you remember back in the early 2000’s when we thought we wouldn’t live to see the extreme changes due to global warming?” Daniel replied, “I think 2023 is the most significant year so far. We saw confirmation of tipping points being crossed for Mountain Glacier Loss, […]
Category Archives: Business
Climate Change: 2023 the Year in Review
The Age of Loss and Damage
by Daniel Brouse “For people, for other species, for the ecosystems, for the world we live in, we’ve entered the Age of Loss and Damage, but we’re just at the start. What we are seeing already just makes you want to cry,” said Dr. Christopher Trisos (BBC Interview / MP3 Format) from the University of […]
The Domino Effect / Snowball Effect
by Brouse and Mukherjee Tipping points are Critical Milestones that directly impact the rate of acceleration in climate change by multiplying the number and intensity of feedback loops. Push a glass toward the edge of a table and eventually it will fall off on its own. No matter how slowly or meticulously you push… no […]
Treasury Auctions and Record Budget Deficits
by Daniel Brouse November 9, 2023 Attention armchair economists, investors, and homeowners: the 30-year Treasury auction was “bad” today … when I say bad, I mean bad for those not investing in Treasuries. What does it mean? The government went to borrow money today, and people didn’t want to lend them money. The 30-year interest […]
Deadly Humid Heat in the USA
Deadly humid heat affects billions including the US Midwest this century. “It’s very disturbing,” study co-author Matthew Huber of Purdue University. “It’s going to send a lot of people to emergency medical care.” The study Greatly enhanced risk to humans as a consequence of empirically determined lower moist heat stress tolerance was conducted by Purdue […]
Tipped Tipping Points, Feedback Loops, and the Domino Effect
By Daniel Brouse and Sidd Mukherjee September 29, 2023 A look at three (3) of the multiple tipping points we appear to have breached and The Domino Effect: Mountain Glacier Loss Collapse of AMOC (Atlantic Meridional Overturning Circulation) Amazon Rainforest Dieback Crossing one tipping point would be alarming. For instance, crossing the tipping point for […]
California Homeowners Insurance Consider Climate Change Prices
California use to only allow a max of 7% increase a year on homeowners insurance… and only base premiums on past payouts on a property. Not anymore. “California will let insurance companies consider climate change when setting their prices, the state’s chief regulator announced Thursday, a move aimed at preventing insurers from fleeing the state […]
Climate Change: Insurance Risk
The 9th National Risk Assessment for Homeowners Insurance found climate risks place 39 million U.S. homes at risk of losing their insurance. “Sound pricing is going to make it unaffordable to live in certain places as climate impacts emerge.” “There’s this climate insurance bubble out there,” said Jeremy Porter, the head of climate implications at […]
Insurance, and the Lack Thereof
The Washington Post reported, “Home insurers cut natural disasters from policies as climate risks grow“. “Allstate, American Family, Nationwide, Erie Insurance Group and Berkshire Hathaway — have told regulators that extreme weather patterns caused by climate change have led them to stop writing coverages in some regions, exclude protections from various weather events and raise […]
Climate Change: The End of Times
by Daniel Brouse July 21, 2023 What will the “End of Times” look like? In the 1990’s, we wrote a paper on the worst-case scenario entitled, “The Impact of Governance & Globalization on Forecasting (The Tunnel Under Thesis).” The theory predicted that forecasting would become increasing difficult. “The result — a figurative, as well as, […]