Tag Archives: real estate

West Coast Atmospheric Rivers

by Daniel Brouse As the Earth warms, the air will hold more moisture. More moisture-laden air moves over land and creates atmospheric rivers (Pineapple Express). The Journal EOS in the article Atmospheric Rivers Spur High-Tide Floods on U.S. West Coast said, “Atmospheric rivers are narrow bands of moisture that travel across the lower troposphere, generally […]

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Treasury Auctions and Record Budget Deficits

by Daniel Brouse November 9, 2023 Attention armchair economists, investors, and homeowners: the 30-year Treasury auction was “bad” today … when I say bad, I mean bad for those not investing in Treasuries. What does it mean? The government went to borrow money today, and people didn’t want to lend them money. The 30-year interest […]

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Sea Level Rise and Saturation

By Daniel Brouse October 28, 2023 What causes sea level rise? If the melting ice and snow isn’t going into the sea, where is it going? NOAA says: The volume of the ocean is expanding as the water warms. Thermal expansion happens when water gets warmer, which causes the volume of the water to increase. […]

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Antarctic Ice Shelves Shrink at Alarming Rate

“Scientists track ‘alarming’ melt in Antarctic ice shelves” “Forty percent of Antarctica’s ice shelves are shrinking, worrying scientists” “We expected most ice shelves to go through cycles of rapid, but short-lived shrinking, then to regrow slowly. Instead, we see that almost half of them are shrinking with no sign of recovery,” said lead author Benjamin […]

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Deadly Humid Heat in the USA

Deadly humid heat affects billions including the US Midwest this century. “It’s very disturbing,” study co-author Matthew Huber of Purdue University. “It’s going to send a lot of people to emergency medical care.” The study Greatly enhanced risk to humans as a consequence of empirically determined lower moist heat stress tolerance was conducted by Purdue […]

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10% of Swiss Glaciers Melt

* As thawing accelerates, Swiss glaciers lost 10% of their volume in the past 2 years * One glacier had to stop being measured because it disappeared * The thaw is irreversible * Much of Europe’s drinking water comes from the glaciers “The acceleration is dramatic, with as much ice being lost in only two […]

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California Homeowners Insurance Consider Climate Change Prices

California use to only allow a max of 7% increase a year on homeowners insurance… and only base premiums on past payouts on a property. Not anymore. “California will let insurance companies consider climate change when setting their prices, the state’s chief regulator announced Thursday, a move aimed at preventing insurers from fleeing the state […]

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Climate Change: Insurance Risk

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 […]

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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 […]

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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, […]

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