Articles The New York Times “Rising Seas Will Erase More Cities by 2050, New Research Shows” and
Category Archives: Global Warming
Sea Level Rising Faster
Also posted in Environment, Science
Tagged climate change, climate change refugees, floods, rising sea level
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The Horror World will Face from Climate Change
Also posted in Energy, Environment, Science
Tagged climate change, drought, real estate, risk, threat, wildfires
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Mortgage-backed Securities Exposed to Coastal Flooding Risk
An article in the Business Telegraph entitled “Climate change: the CMBS angle” explains: “… $56bn in commercial mortgage-backed securities that are exposed to coastal flooding risk in the US, and it’s not pretty viewing.” “It is often asked why US politicians are blasé about climate change, but we may suggest that will all change if […]
Also posted in Environment, Science
Tagged climate change, coastal flooding, flood insurance, real estate, rising sea level, risk
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Chesapeake Bay and Sea Level Rise
The Capital Gazette reports: Fox Island has been washed away by sea level rise, forcing end of Chesapeake Bay education program “After 40 years there offering magical teaching moments, environmental educators are saying goodbye to Fox Island as it sinks into the Chesapeake Bay. Foundation educators say sea level rise and erosion are destroying the […]
Also posted in Education, Environment, Science
Tagged climate change, islands, rising sea level
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Climate Change Disasters Scare Off Insurance Industry
Australian insurance companies are becoming leery of insuring high risk properties. Climate change disasters could scare off the Australian home insurance industry “The idea of parts of Australia being so exposed to natural disasters that they aren’t able to get home insurance seems scary but that’s exactly what insurers are warning of as climate change […]
Also posted in Environment, Science
Tagged climate change, flood insurance, real estate, rising sea level, risk, uninsurable
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Financial Risks From Climate Change
A New York Times Report on Federal Reserve Bank of San Francisco * Home values could fall significantly. * Banks could stop lending to flood-prone communities. * Towns could lose the tax money they need to build sea walls and other protections. * Volatility related to climate change has become “increasingly relevant” as a consideration […]
Also posted in Environment, Science
Tagged climage change, Federal Reserve, flood insurance, real estate, rising sea level, risk
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Climate Change, Real Estate Mortgages, Flood Insurance and You
From https://www.reuters.com/article/us-climatechange-mortgages-idUSKBN1WE0D3 “The market’s failure to integrate climate science with investment analysis has created a mispricing phenomenon that is possibly larger than the mortgage credit bubble of the mid-2000s” “a key culprit for the mispriced risk in the U.S. mortgage market is outdated flood maps drawn by the federal government.” “Due to budget cuts, more […]
Also posted in Environment, Science
Tagged climate change, flood insurance, flooding, real estate, rising sea level
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The Ocean and Cryosphere in a Changing Climate
The latest Intergovernmental Panelon Climate Change (IPCC)Special Report high lights the urgency of prioritizing timely, ambitious and coordinated action to address unprecedented and enduring changes in the ocean and cryosphere. The report states the sea level is rising much faster than previously forecast. The Intergovernmental Panel on Climate Change (IPCC) warns one billion people will […]
Also posted in Environment, Government, International, Science
Tagged climate change, rising sea level
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Climate change jumps to biggest risk for insurers.
Casualty Actuarial Society 12th Annual Survey of Emerging RisksKey Findings Top Current Risk 1.Climate change 12th-emerging-risk-survey
Ocean Front Property
Sidd said: It has been fifteen years i think i said “The ocean is very large and wants in your basement” Nyhoo, here’s an article https://news.sky.com/story/dont-buy-coastal-properties-un-scientists-issue-stark-warning-on-climate-11819030 No part of the planet will be spared a climate crisis as oceans warm and glaciers and ice sheets melt, according to a report by United Nations scientists. The […]
Also posted in Environment, Science
Tagged climate change, flood insurance, real estate, rising sea level
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