Our Infrastructure Is Being Built for a Climate That’s Already Gone Our drain pipes, reservoirs, power lines, roads, sewage systems, and more are all designed based on past climate data. But with the climate crisis comes the uncomfortable realization that the past can’t predict what we’ll need in the future. by Shayla Love Jun 2 […]
Tag Archives: real estate
Climate Change 2020
New Jersey Requires Climate Change Risk Analysis for Building Permits
The New York Times reports, “With 130-Mile Coast, New Jersey Marks a First in Climate Change Fight New Jersey will become the first state to require that builders take into account the impact of climate change, including rising sea levels, in order to win government approval for projects, Gov. Philip D. Murphy announced on Monday. […]
Sea-level Rise: Not Just for the Coasts Anymore
“Their results suggest that coastal regions will be far from the only ones affected by sea-level rise. A huge number of counties far from the coast—some deep in the US interior—will see dramatic changes in the number of people relocating there.” ARS Technica reports, As sea levels rise, little of the United States will be […]
The True Costs (and Benefitlessness) of a Trump Economy
January 23, 2020 What are the costs and benefits to the United States under a Trump economy? Financial Analysis: Current State of Affairs First, start with a financial analysis — a snapshot of the current economic health of the nation. What would a financial analysis that is similar to an individual applying for a bank […]
Sea Level Rise and Real Estate in Florida
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 […]
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 […]
Real Estate, Climate Change, Health and Wellness
Where you live is greatly impacted by climate change. Pollution that causes global warming impacts your health and well-being. Sea level rise and extreme weather events impact the value of your real estate, insurance and your financial health. Climate Change and Health Death By Ozone Ozone primarily affects the respiratory and immune systems. The damage […]
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 […]