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 […]
Tag Archives: extreme weather events
Climate Change: Insurance Risk
Posted in Agriculture, Business, Education, Environment, Global Warming, Government, health and wellness, Science
Also tagged climate change, flood insurance, 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, flood insurance, flooding, homeowners insurance, real estate, rising sea level
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Climate Change: Rate of Acceleration
By Daniel Brouse and Sidd Mukhurjee August 25, 2023 How fast are humans causing the climate to change? When we started our experiments in the 1990’s, we thought the time scale was in millenniums. If climate change were happening on a linear basis, we would have been correct; however, by the late 90’s we were […]
Posted in Energy, Environment, Global Warming, Science
Also tagged anthropogenic, global warming, intensity, wildfires
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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, flood insurance, flooding, 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, FEMA, flood insurance, flooding, real estate, rising sea level
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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 […]
Posted in Energy, Environment, Global Warming, Science
Also tagged climate change, flood insurance, flooding, real estate, rising sea level
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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.” […]
Posted in Environment, Global Warming, Science
Also tagged Albedo Feedback, climate change, flood insurance, flooding, real estate, rising sea level
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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 […]
Posted in Environment, Global Warming, Science
Also tagged Albedo Feedback, climate change, flood insurance, flooding, real estate, rising sea level
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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 […]
Posted in Environment, Global Warming, Science
Also tagged climate change, flood insurance, flooding, real estate, rising sea level
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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 […]
Posted in Environment, Global Warming, Science
Also tagged anthropogenic climate change risks, climate change, flooding, real estate, rising sea level, risk management, risks
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