The Tampa Bay Times reports: Your Florida coastal home could lose 15% of its value by 2030 due to sea rise Increasing sea rise is going to water down the value of some of the most coveted and expensive real estate in Florida, and insurance rates will go up too. That’s the conclusion of […]
Tag Archives: climate change
Sea Level Rise and Real Estate in Florida
Bittle at the Baffler on Floods and Sea Level Impacts in the USA
Bittle at the Baffler on flood and sea level impacts in the USA: “a neighborhood that feels more like an unclaimed frontier than a subdivision in one of the nation’s fastest-growing metropolitan areas. Dogs run free across acres of empty land, the sound of a falling acorn echoes for blocks” “Funded by the federal government, […]
Climate Crisis Update
Florida town dealing with sea level rise “Our risk is undeniable. The modelers get it. The mortgage institutions get it. Insurance gets it.” https://www.tampabay.com/news/environment/2019/12/27/a-south-florida-towns-pioneering-plan-to-fund-retreat-from-sea-rise/ sea level rise and storm surge “every 10cm of sea level rise increases the frequency of a given coastal flood by a factor of three.” “This means that 10cm of sea […]
Sea Level Rise in New Jersey
A report by Rutgers University documents the greater than average rise in sea level along the New Jersey shore. Not only is the sea level rising, but the land is also sinking. Among the report’s findings: Sea levels rose an average of 1.5 feet along the New Jersey coast from 1911 to 2019, compared with […]
The Hemp Myth, Carbon Sinks and the Environment
by Daniel Brouse and Sidd Mukherjee Q: Is hemp a good solution for carbon sequestration (carbon sinks) and/or beneficial to the environment? A: No, not really. In general, hemp only acts as a carbon sink while it is growing and left unharvested. The harvesting usually negates any net-negative carbon sink. (ie more CO2 is released […]
Thawing Permafrost
In an article by Harvard, entitled “No Laughing Matter”, the impact of thawing permafrost is examined: About a quarter of the Northern Hemisphere is covered in permafrost. Now, it turns out these permanently frozen beds of soil, rock, and sediment are actually not so permanent: They’re thawing at an increasing rate. Human-induced climate change is […]
Scientists Declare Climate Emergency
Over 11,000 scientists have issued a warning over the climate crisis. The American Institute of Biological Science published the report World Scientists’ Warning of a Climate Emergency. Climate-Emergency Scientists have a moral obligation to clearly warn humanity of any catastrophic threat and to “tell it like it is.” On the basis of this obligation and […]
Sea Level Rising Faster
Articles The New York Times “Rising Seas Will Erase More Cities by 2050, New Research Shows” and
The Horror World will Face from Climate Change
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 […]