Investment implications of Climate Change

divs4ever said:

but billionaires and multi-millionaires continue to own properties on beach-fronts , islands , and several have moved in the last two years to Texas , well known for hurricane and tornado events

are you saying 'the smartest people in the room ' are really as dumb as dirt ?

weather is both cyclic and seasonal , i have forgotten how many 'once in a hundred year floods ' i have lived through in Brisbane ( is it 4 or 5 ? ) and i am 30 years short of being 100 years old ( so maybe i should have only experienced one or two , if 'the science ' was accurate )

all i care about is having the insurance up to date , and if there are buying/selling opportunities created ( now that i reside more than 300 metres above sea level )

BTW i prefer global warming to global freezing , the grass grows better in the warmth and i have 50 cattle to feed ( 25% of them an African breed and 10% of them Drought-masters )

now tornadoes/hurricanes around the Gulf of Mexico that might lift oil prices , but probably not enough for me to cash in on that trend ( i suspect )

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no, no and no!
the major people that peddle the propaganda of climate change are buying beach front property, thats not taking to the fsact the fasses growing city in the USA is florida and also is one of the lowest lying areas in the USA.

you can not make this crap up,




even trumps sun in law Jared Kushner has bit plans after they have genocided the palestinian from there home land

Climate change and orange juice.

Not just climate change of course. The spread of citrus greening is also a serious threat.

Orange juice makers consider using other fruits after prices go ‘bananas’​

Global industry ‘in crisis’ as fears about Brazilian harvest help push wholesale prices to record highs

Sarah Butler
Wed 29 May 2024 23.48 AESTLast modified on Fri 31 May 2024 01.23 AEST


Orange juice makers are considering turning to alternative fruits such as mandarins as wholesale prices have “gone bananas” amid fears of poor harvests in Brazil.

Prices of orange juice concentrate reached a new high of $4.95 (£3.88) a lb on futures markets this week after growers in the main orange producing areas of Brazil said they were expecting the harvest to be 24% down on last year at 232m 40.8kg boxes – worse than the 15% fall previously predicted.

Orange trees in Brazil have been suffering from citrus greening, an incurable disease, after extreme heat stress and drought during their key flowering period in the latter part of last year fuelled by the climate crisis.

The predicted poor crop in Brazil, which accounts for 70% of all orange juice exports, marks the third difficult global harvest in a row. As well as problems in Brazil, Florida in the US has been hit by a series of hurricanes and the greening disease, which is spread by sap-sucking insects and turns the fruit bitter before killing the tree.

Ahh the scam of CO2 causing global warming:
We should rename it as:
The scheme of dumping the west wealth into the hands of our Indian and Chinese masters.
Not that the Al Gore of the west do not share a few coins for their services.
Paid handsomely by your taxes, and lost profits in your portfolios and supers

qldfrog said:

Ahh the scam of CO2 causing global warming:

Indonesian coal baron gets bumper payday from offloaded Rio mine

Eight years after the wealthy Salim family snapped up the Mount Pleasant operation in NSW, the mine has delivered it a dividend of $273 million.

www.afr.com

We should rename it as:
The scheme of dumping the west wealth into the hands of our Indian and Chinese masters.
Not that the Al Gore of the west do not share a few coins for their services.
Paid handsomely by your taxes, and lost profits in your portfolios and supers

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where is the outrage and condemnation from the usual cheer leaders, Gore, Gretta, Gates or any other clown alarmists!
thats right climate change is racist and only happens in white majority western countries. a bit like military aged men who claim to be refugees only head there also


Satellites images captured a huge cloud of black smoke coming from a massive fire in the Salmi landfill, known as the “tyre graveyard”, located in Kuwait’s Jahra district. This video, which is just over a minute long, garnered more than three million views on Twitter after it was posted without any context on July 29. It shows discarded tyres as far as the eye can see.



ne of India’s largest rubbish mounds is on fire, continuing to burn after almost 24 hours and spewing toxic fumes into the air of a densely populated area on the outskirts of the capital Delhi.

The Ghazipur landfill, which takes up more than 40 football fields and rises to a height of 65m, caught fire on Sunday evening amid soaring temperatures in the region.


The fire was still burning on Monday and at least six fire tenders were on the spot trying to put it out, local officials said.

investor13 said:

where is the outrage and condemnation from the usual cheer leaders, Gore, Gretta, Gates or any other clown alarmists!
thats right climate change is racist and only happens in white majority western countries. a bit like military aged men who claim to be refugees only head there also


Satellites images captured a huge cloud of black smoke coming from a massive fire in the Salmi landfill, known as the “tyre graveyard”, located in Kuwait’s Jahra district. This video, which is just over a minute long, garnered more than three million views on Twitter after it was posted without any context on July 29. It shows discarded tyres as far as the eye can see.

Kuwaiti citizens deal with effects of fires in world’s largest tyre graveyard

Shocking images of a fire burning across a landfill filled with old tyres circulated widely on social media in late July. The tyre-dumping site, located about a dozen kilometres from the capital of Kuwait,…

observers.france24.com

ne of India’s largest rubbish mounds is on fire, continuing to burn after almost 24 hours and spewing toxic fumes into the air of a densely populated area on the outskirts of the capital Delhi.

The Ghazipur landfill, which takes up more than 40 football fields and rises to a height of 65m, caught fire on Sunday evening amid soaring temperatures in the region.


The fire was still burning on Monday and at least six fire tenders were on the spot trying to put it out, local officials said.

Toxic smoke from burning garbage mountain blankets India’s capital

Ghazipur landfill receives 2,000 tons of garbage daily and may soon grow taller than Taj Mahal

www.independent.co.uk

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But that is ok, you save the planet by doubling your electricity costs and drinking with soggy straw/paper pipes..don't you know.

qldfrog said:

But that is ok, you save the planet by doubling your electricity costs and drinking with soggy straw/paper pipes..don't you know.

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with a insufficient product that required a dozen plus toxic products dug from the ground from all around the world, sime mined by african slaves, destrhying millions of hecters of land and poluting water ways and the environment, for when a cycline comes through it destroys panels and blades, needing replacing, only to be put in to land fill due being to toxic and not being abled to be recyclied

in the case of the turbine that still need base load power, to control the speeds of the blades, for when the wind stops the weight of the balde callapses the bearing and when it spins to fast it gets to hot and catches fire (no joke)

investor13 said:

with a insufficient product that required a dozen plus toxic products dug from the ground from all around the world, sime mined by african slaves, destrhying millions of hecters of land and poluting water ways and the environment, for when a cycline comes through it destroys panels and blades, needing replacing, only to be put in to land fill due being to toxic and not being abled to be recyclied

in the case of the turbine that still need base load power, to control the speeds of the blades, for when the wind stops the weight of the balde callapses the bearing and when it spins to fast it gets to hot and catches fire (no joke)

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and that is the science we are supposed to trust

you don't need climate change to end up in a bad place .. just trust the 'science' LOL

however my questions on wind-turbine designs are being answered ( without me burning cash on the research , it is only taxpayer funds being wasted .. as usual )

Just looking at all those tyres ready to be burnt, we can expect an increase in them, because of the extra weight Evehicles chew through tyres rather quickly..........

More to come...............

Came across a couple of stories around the impact of storm damage on insurance companies and communities affected by these events.

How ‘Kitty Cats’ Are Wrecking the Home Insurance Industry​

Supercharged thunderstorms and tornadoes are ravaging the Midwest, driving insurance costs to record highs.​

By
Jake Bittle, Grist
PublishedMay 16, 2024

Comments (28)



Photo: Brandon Bell (Getty Images)

This story was originally published by Grist. Sign up for Grist’s weekly newsletter here.

The rising cost of homeowner’s insurance is now one of the most prominent symptoms of climate change in the United States. Major carriers like State Farm and Allstate have pulled back from offering fire insurance in California, dropping thousands of homeowners from their books, and dozens of small insurance companies have collapsed or fled from Florida and Louisiana following recent large hurricanes.
The problem is fast becoming a crisis that stretches far beyond the nation’s coastal states. That’s owing to another, less-talked-about kind of disaster that has wreaked havoc on states in the Midwest and the Great Plains, causing billions of dollars in damage. In response, insurers have raised premiums higher than ever and dropped customers even in inland states such as Iowa.


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The other story highlighted how more stringent building regulations enabled houses to survive the tornados up to 135mph ! That is serious wind. What impressed me most was the relatively simple changes that strengthened houses to this new level.

Catastrophic Moore tornado 10 years ago changes way homes are built​

As Mississippi beings to rebuild after a tornado took the lives of dozens, KOCO 5 spoke with Moore city officials on what they hope becomes a lifesaving standard everywhere.​

One major change from Moore’s catastrophic tornado 10 years ago this May is the way homes are built.​

As Mississippi beings to rebuild after a tornado took the lives of dozens, KOCO 5 spoke with Moore city officials on what they hope becomes a lifesaving standard everywhere.​

If any one place can understand what Mississippi is going through following the deadly tornado outbreak, it’s Moore.​

"It was also the third big tornado that had hit the city since 1999," said Elizabeth Weithman, community development director.​

After an EF-5 tornado decimated Moore in 2013, killing 25 people including seven children, the city took action to prevent such a wide-scale catastrophe in the future.​

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........."In 2015, another tornado came through Moore and in that path of that tornado, I believe it was an EF-3, we had a mixture of homes that were built to the new standard and right next to it were homes built before the new codes were passed. So, we had a great side-by-side comparison. It is true that the houses withstood better with the new modified building code than with the original building code," Weithman said.​

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"It requires more connections, it requires higher rated garage doors, hurricane clips or fasteners, increased railing and rafting patterns. It’s more stringent than before but we think it’s worth it," Weithman said.​

https://www.koco.com/article/oklahoma-moore-tornado-building-

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qldfrog said:

But that is ok, you save the planet by doubling your electricity costs and drinking with soggy straw/paper pipes..don't you know.

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The sarcasm behind this sentence is cosmic

Don't forget the part where celebrities tweet against private jets..... from the seat of their own private jet.