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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 […]

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Sea Level Rising Faster

Articles The New York Times “Rising Seas Will Erase More Cities by 2050, New Research Shows” and

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The Horror World will Face from Climate Change

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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

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