Showing posts with label Economic Insanity. Show all posts
Showing posts with label Economic Insanity. Show all posts

Thursday, April 25, 2013

Sunday, February 24, 2013

***** Climate change could burn a hole in the government's finances. WashPo

Climate change could burn a hole in the government's finances. As climate change leads to more frequent and destructive natural disasters and threatens crop yields and infrastructure, the federal government faces big financial risks that it is poorly positioned to address, federal auditors said Thursday. Washington Post

The $188 Billion Price Tag From U.S. Extreme Weather From 2011 To 2012

Posted: 13 Feb 2013 11:11 AM PST
By Daniel J. Weiss and Jackie Weidman
The United States was subjected to many severe climate-related extreme weather over the past two years. In 2011 there were 14 extreme weather events — floods, drought, storms, and wildfires — that each caused at least $1 billion in damage. There were another 11 such disasters in 2012. Most of these extreme weather events reflect part of the unpaid bill from climate change — a tab that will only grow over time.
CAP recently documented the human and economic toll from these devastating events in our November 2012 report “Heavy Weather: How Climate Destruction Harms Middle- and Lower- Income Americans.” Since the release of that report, the National Oceanic and Atmospheric Administration, or NOAA, has updated its list of “billion-dollar”-damage weather events for 2012, bringing the two-year total to 25 incidents.
From 2011 to 2012 these 25 “billion-dollar damage” weather events in the United States are estimated to have caused up to $188 billion in total damage. [1] The two costliest events were the September 2012 drought — the worst drought in half a century, which baked nearly two-thirds of the continental United States — and superstorm Sandy, which battered the northeast coast in late October 2012. The four recently added disastrous weather events were severe tornadoes and thunderstorms.

Saturday, February 23, 2013

***** Harvard Study examines climate change as a national security issue

Weather warning: Study examines climate change as a national security issue

Lake County News - ‎6 hours ago‎
A Harvard researcher is pointing toward a new reason to worry about the effects of climate change - national security. A new report co-authored by Michael McElroy, the Gilbert Butler Professor of Environmental Studies, and D. James Baker, a former ...

Friday, January 18, 2013

Car Exhaust Pollution World’s Fastest Growing Cause Of Death. CleanTechnica

Posted: 14 Jan 2013 07:11 AM PST
A new study has found that, on top of all the other manner of ways our cars are trying to kill us, the pollution they emit is now one of the fastest growing causes of death in the world.

U.S. ‘Climate Assessment Reveals The Full Horror Of What’s Happening To Our Planet’. ClimateProgress

U.S. ‘Climate Assessment Reveals The Full Horror Of What’s Happening To Our Planet’

Climate Assessment Warns Of Devastating 9°-15°F Warming Over Most Of U.S. ClimateProgress

Climate Assessment Warns Of Devastating 9°-15°F Warming Over Most Of U.S.
Posted: 11 Jan 2013 02:34 PM PST
The rule in Washington, DC is if you want to bury news, release it late on a Friday afternoon. So one can only assume the climate silence crowd prevailed in the release this afternoon of the draft U.S. Climate Assessment.
Perhaps it’s this chart they don’t want folks talking about, from the “Newer Simulations for Projected Temperature” in Chapter 2:
Projected rise in average U.S. surface air temperature 2071-2099 relative to 1971-2000. This is RCP 8.5, “a scenario that assumes continued increases in emissions,” with CO2 levels hitting about 940 parts per million. It is close to the emissions path we are currently on — but not the worst-case scenario and not where still-rising temperatures would end up post-2100.
The Assessment, put together by dozens of the country’s top climate experts, makes clear that if we stay anywhere near our current emissions path, we are headed towards a devastating 9°F to 15°F warming over most of the United States (this century), with ever-worsening extreme weather, heat waves, deluges and droughts. As the report notes “generally, wet [areas] get wetter and dry get drier.” Future generations will be wishing for the boring “moist” and “cool” days of 2012 (when they aren’t cursing our names).
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Cost of combating climate change surges [cost to our children of our delay Tsunamis] as world delays -study. Reuters

Seems hugely low... $240/ton at the LEAST unless conclusive evidence to the contrary, however, interesting -

Carbon price of $30 needed to avoid 2°C climate target
Responding to Climate Change
Riahi told RTCC their research indicates a $30 price signal would give a 60% chance of limiting warming below the agreed UN limit of 2°C warming above ...
Delaying Climate Action To Later Is More Costly: Study
CleanTechnica
... warming below 2°C. This would also help to limit the worst effects of global warming, including: rising sea levels, floods, droughts, and severe heat.
Cost of combating climate change surges as world delays -study
Reuters UK
Quick measures to cut emissions would give a far better chance of keeping global warming within an agreed UN limit of 2 degrees Celsius (3.6F) above ...

China, Inc. Locked In on World Solar, Wind Manufacturing Domination. CleanTechnica