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 […]
Tag Archives: climate change
Sea Level Rise in New Jersey
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 […]
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 […]
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 […]
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 […]