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 […]
Tag Archives: real estate
Climate Change Impacts on Flood Risks and Real Estate Values
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 […]
Economic Update: Inflation, Interest Rates, AI, Consumer Spending, Climate Change, and Fiscal Policy
by Daniel Brouse February 3, 2023 This article is about the economic conditions up to 2023 and a forecast for the foreseeable future. It helps to understand fiscal and monetary polices prior to reading the following. In 2022 and 2023, the Federal Reserve raised their interest rates charged to other banks 4.75 percent in an […]
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 […]
Global Carbon Budget 2022
The Global Carbon Budget 2022 was published by Earth System Science Data. The report says if emissions aren’t brought down, the world will use up its 1.5-degree-Celsius carbon budget — the amount of CO2 we can emit and stay within 1.5C — within nine years. After go beyond 1.5C the amount of tipping points crossed […]
1/3 of World Heritage Glaciers Will Disappear by 2050
The United Nations says, “New UNESCO data highlight the accelerated melting of glaciers in World Heritage sites, with glaciers in a third of sites set to disappear by 2050. But it is still possible to save the other two thirds, if the rise in global temperatures does not exceed 1.5°C compared to the pre-industrial period.” […]
Antarctica and Greenland Ice Melt Faster Than Anticipated
Antarctica’s Collapse Could Begin Even Sooner Than Anticipated The article in Scientific American states, “Two expeditions to the Thwaites Ice Shelf have revealed that it could splinter apart in less than a decade, hastening sea-level rise worldwide. “As Scambos and Wild gazed down from their Twin Otter plane this past January, they spotted several new […]
Antarctic Ice Sheet and Accelerating Ice loss
A discovery made by researchers at Imperial College London, the University of Waterloo, Canada, Universiti Malaysia Terengganu, and Newcastle University, shows a river longer than the Thames beneath Antarctic ice sheet. The study explains how the Antarctic ice sheet has a river running under it. The headline “longer than the Thames” isn’t the thrust of […]
The Missing Risks of Climate Change
The Journal Nature published the report The missing risks of climate change. The paper found that there are many risks associated with climate change that are not being considered in economic analysis. (The Climate Endgame also found inadequacies in current risk management analysis.) Abstract The risks of climate change are enormous, threatening the lives and […]
Climate Change: No Credible Pathway to 1.5C Limit
The UN Environment Programme (UNEP) insisted there is “no credible pathway to 1.5C in place.” The report Climate change: No ‘credible pathway’ to 1.5C limit found: National pledges to reduce harmful emissions offer little hope of avoiding climate disaster, UN climate experts said on Thursday, in an urgent appeal for a radical transformation of the […]