“Scientists track ‘alarming’ melt in Antarctic ice shelves” “Forty percent of Antarctica’s ice shelves are shrinking, worrying scientists” “We expected most ice shelves to go through cycles of rapid, but short-lived shrinking, then to regrow slowly. Instead, we see that almost half of them are shrinking with no sign of recovery,” said lead author Benjamin […]
Tag Archives: flood insurance
Antarctic Ice Shelves Shrink at Alarming Rate
Posted in Environment, Global Warming, Science
Also tagged climate change, flooding, real estate, rising sea level
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10% of Swiss Glaciers Melt
* As thawing accelerates, Swiss glaciers lost 10% of their volume in the past 2 years * One glacier had to stop being measured because it disappeared * The thaw is irreversible * Much of Europe’s drinking water comes from the glaciers “The acceleration is dramatic, with as much ice being lost in only two […]
Posted in Environment, Global Warming, Science
Also tagged Albedo Feedback, climate change, flooding, real estate, rising sea level
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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 […]
Posted in Business, Environment, Global Warming
Also tagged climate change, extreme weather events, flooding, homeowners insurance, real estate, rising sea level, wildfires, wind
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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 […]
Posted in Agriculture, Business, Education, Environment, Global Warming, Government, health and wellness, Science
Also tagged climate change, extreme weather events, flooding, homeowners insurance, real estate, rising sea level, wildfires, wind
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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 […]
Posted in Business, Global Warming, Science, weather
Also tagged climate change, extreme weather events, flooding, homeowners insurance, real estate, rising sea level
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Climate Change: Stranded on an Island
by Daniel Brouse Climate change brings with it the inevitability of rising sea levels. Even if green house gas emissions were stopped completely, the sea will continue to rise for hundreds or thousands of years. Not only will the submerged properties be affected by the rising tides, so will all the new island properties. Initially, […]
Posted in Environment, Global Warming, Science
Also tagged climate change, extreme weather events, flooding, real estate, rising sea level
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Antarctic Ice Sheet Is Melting at Accelerated Rate
The Word Economic Forum published the report The Antarctic ice sheet is melting. And this is bad news for humanity. * The Antarctic ice sheet has been strongly decreasing since 2016. * If left unchecked, the complete melting of the West Antarctic ice sheet would cause a global sea level increase of 3.3 metres in […]
Posted in Environment, Global Warming, Science
Also tagged climate change, flooding, real estate, rising sea level
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Climate Change Impacts on Flood Risks and Real Estate Values
by Daniel Brouse and Sidd Mukherjee February 26, 2023 Climate change poses many risks to real estate values. In general, as energy is added to a system, the fluctuations in the system increase. So, we expect more storms, more droughts, more wildfires, more floods, more fluctuations of all kinds. What we are saying is that […]
Posted in Business, Finance, Global Warming, Government, Science, taxes
Also tagged cliamte change, climate displacement, climate migration, climate refugees, real estate, rising sea level
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Real Estate Underwater: Displacement and Climate Refugees
by Daniel Brouse February 22, 2023 For years climate scientists have been trying to develop models for the real estate market impacted by rising sea levels. Florida is proving to be a microcosm of coastal real estate. “Everybody thinks this is a God-given sea level,” Harold Wanless, who heads the University of Miami’s geology department […]
Posted in Business, Environment, Finance, Global Warming, Science
Also tagged cliamte change, climate displacement, climate migration, climate refugees, real estate, rising sea level
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Managed Retreat: Relocating Due to Climate Change Extreme Weather Events
The Politico article Dream homes and disasters: Is the government ready to confront climate risk? explains the need for “Managed Retreat”. “The fact that official Washington is finally addressing the concept of some areas being too vulnerable to insure is noteworthy….” “For decades, lawmakers and federal agencies in Washington, D.C., have resisted taking harsh action […]
Posted in Environment, Global Warming, Science
Also tagged climate change, extreme weather events, FEMA, flooding, real estate, rising sea level
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