Is Global Warming becoming unstoppable?

[luutzu]

That's bs, Luutzu, Miami and Florida is a rich white (mainly) community and they just got battered. Watch for a change in policy.

They're rich enough that aid and federal fund will come to them quicker and in bigger buckets. So they won't be left drowning or dying like the other Americans during Katrina. But...

But most of those in Florida and Texas that's affected aren't rich enough to change policy. Not in any significant way.

I mean, they might get another $1b for a better pump or something. Maybe a higher sea-wall in certain beach front suburbs... all else is mother nature and her unpredictable doing [note, current Florida governor banned the use of "Climate Change" in all Florida's gov't reporting. seriously.]

 

[basilio]

What will happen to the economic fabric of our society as the effects of a warming climate unfold? Deutsche Bank has developed a set of tools to enable it to identify the risks to the trillion dollars worth of investments it currently manages.

Deutsche Bank maps climate change risks for investments

• 
  Cole Latimer

Deutsche Bank has developed a tool to forecast where its investments across the globe may be impacted by natural disasters brought on by climate change.

Although tools have existed in the insurance industry to model the impact of climate change, this is the first time this sort of data has been systematically applied to investments.

Deutsche Asset Management created the map with climate change intelligence firm Four Twenty Seven, covering more than one million individual locations in order to see how changes to climate will threaten its investment portfolios. The group currently has about €711 billion ($1.06 trillion) under management.

Economic modelling estimates that if carbon emissions aren't reduced throughout this century, per capita GDP will decrease by 23 per cent from what it otherwise would be.
"The effects of climate change will be ubiquitous but uneven, ranging from those that disrupt daily life, such as damaged or flooded infrastructure, to more gradual impacts like declines in labour productivity and widespread threats to global welfare through decreased crop yields," Four Twenty Seven stated.

Deutsche Bank said the development of this tool meant that exposure to catastrophic events for individual companies can now be calculated.

"It tackles physical risk head-on, giving credible insight into the vulnerability of corporate production and retail sites to climate change. Factors such as sea level rise, droughts, flooding and cyclones pose an immediate and measurable threat to investment portfolios," Deutsche Bank Asset Management said.

These issues have already been seen in Australia, where heatwaves have caused spikes in power prices, directly impacting business operating costs.

http://www.canberratimes.com.au/bus...ge-risks-for-investments-20171109-gzhsxh.html

 

[Knobby22]

Smart move by Deutsche.
if they can get an investment edge from this it will flow through to the bottom line as wealthy investors seek better returns and greater safety.

 

[basilio]

The movement of insurance companies to get out of coal is quickening. In the end it may be impossible for coal fired power stations to continue because they won't be able to obtain insurance for their operations.

So why are they getting out ?

Growing number of global insurance firms divesting from fossil fuels
Report shows around £15bn of assets worldwide have been shifted away from coal companies in the past two years as concern over climate risk rises

.......
Zurich said its decision to pull out was a practical as well as altruistic. “It’s not about politics or blame. It’s about utilising the immense amount of data and analytics we have from internal engineers, as well as external scientific experts, to guide our view of the future,” said Rob Kuchinski, global head of property and energy.

The Bank of England has identified four reasons insurers should be concerned about climate change: their fossil fuel assets could be stranded, they could be held liable for damages linked to their investments, they could see their market diminish, and their payouts could rise.


Payouts are also expected to rise. Munich Re, the world’s largest reinsurer, recently suffered a €1.4bn loss and also faces soaring claims from hurricanes Harvey, Irma and Maria.


“Left unchecked,” British insurer Aviva states, climate change will “render significant portions of the economy uninsurable, shrinking our addressable market.”

https://www.theguardian.com/environ...l-insurance-firms-divesting-from-fossil-fuels

 

[Wysiwyg]

I thought it was pleasantly cool this November 2017 so I checked if there was a ststistical agreement. It is a fact ...

Coldest start to November in 23 years

Calling all scientists for an explanation?

 

[basilio]

I thought it was pleasantly cool this November 2017 so I checked if there was a ststistical agreement. It is a fact ...

Coldest start to November in 23 years

Calling all scientists for an explanation?

Yes. It's called "weather" . It's what happens on a short term basis in a particular area.

Has only a passing resemblance to "climate" which describes what is happening over the longer term and generally speaking larger geographical areas.

 

[Wysiwyg]

Yes. It's called "weather" . It's what happens on a short term basis in a particular area.

Has only a passing resemblance to "climate" which describes what is happening over the longer term and generally speaking larger geographical areas.

Oh okay. Thought there might be a trend change. Shorters covering you know.

 

[cynic]

I thought it was pleasantly cool this November 2017 so I checked if there was a ststistical agreement. It is a fact ...

Coldest start to November in 23 years

Calling all scientists for an explanation?

Are you sure you posted your question to the correct thread?

What exactly is it, that has led you to believe that a scientific response may be solicited from an alarmism thread?

 

[Wysiwyg]

Are you sure you posted your question to the correct thread?

What exactly is it, that has led you to believe that a scientific response may be solicited from an alarmism thread?

It is hard to believe the story when I see the contrary or no change at all considering ....

I love a sunburnt country,
A land of sweeping plains,
Of ragged mountain ranges,
Of droughts and flooding rains.

However it apparently is happening at the magnified level so we may not see the direct affects until it is too late to reverse. Pollution is being reduced as a result of climate change theory (or fact) and that is a huge positive for the planet. The reason why I don't believe it is extreme as portrayed but thankful for the action being taken.

 

[Sean K]

Have we gone around the Green House Gas buoy yet? That is, what makes up GHG and how do humans contribute?

 

[IFocus]

I thought it was pleasantly cool this November 2017 so I checked if there was a ststistical agreement. It is a fact ...

Coldest start to November in 23 years

Calling all scientists for an explanation?

Wrong state WA breaking records the other way.

 

[IFocus]

Have we gone around the Green House Gas buoy yet? That is, what makes up GHG and how do humans contribute?

The issue is ocean acidification = end game

 

[Wysiwyg]

The difficult part is that if this process was started 20-30 years ago a slow transition would be possible. However the need to rapidly reduce CO2 emissions if we are to have a ghost of a chance to stabilise global warming makes the current situation very difficult.

Thankfully the difference between someone in the know and someone with an opinion is quite obvious here.

 

[Knobby22]

Thankfully the difference between someone in the know and someone with an opinion is quite obvious here.

True.

 

[Sean K]

The issue is ocean acidification = end game

Isn't GHG made up of about 70% water vapor and clouds. Carbon Dioxide makes up 25% ish. If H2O's the greatest effect on GHG shouldn't we be targeting water vapor and not CO2. Does ocean acidification increase water vapor? Or, is it just general heating of the ocean? Caused by what? Are we getting closer to the Sun, which might cause this?

 

[IFocus]

Isn't GHG made up of about 70% water vapor and clouds. Carbon Dioxide makes up 25% ish. If H2O's the greatest effect on GHG shouldn't we be targeting water vapor and not CO2. Does ocean acidification increase water vapor? Or, is it just general heating of the ocean? Caused by what? Are we getting closer to the Sun, which might cause this?

Most of what I read in the general press is temperature / ocean levels related which wont wipe humans out. But oceans absorbing CO2 changes the oceans pH don't know the numbers off hand but its not far to end game.
There has been research done but haven't too much counter claim like the rest of the GW bun fight.

 

[basilio]

Isn't GHG made up of about 70% water vapor and clouds. Carbon Dioxide makes up 25% ish. If H2O's the greatest effect on GHG shouldn't we be targeting water vapor and not CO2. Does ocean acidification increase water vapor? Or, is it just general heating of the ocean? Caused by what? Are we getting closer to the Sun, which might cause this?

There are plenty of shortish summaries that explain what climate scientists are saying about the causes and consequent effects of global warming.

The issue of ocean acidification is one of the collateral side effects of the steeply rising CO2 levels in the atmosphere. Some of the extra CO2 is being dissolved in the oceans thereby increasing it's acidity. At a certain stage it becomes impossible for shellfish to survive and whole ocean eco systems will collapse.

https://www.vox.com/science-and-hea...estions-climate-change-too-embarrassed-to-ask
https://coastadapt.com.au/ocean-acidification-and-its-effects

 

[Knobby22]

Jelly fish will survive.

 

[wayneL]

Jelly fish will survive.

Maybe we could impregnate ourselves with jelly fish genes?

May need cockroach genes first

 

[Wysiwyg]

Let's face it. The world has some severe chain smokers and they are destroying the lungs of this planet. Smoking countries have been asked to quit and it is happening. Deforestation has to be stopped. Interestingly with more CO2 in the atmosphere, vegetation should thrive. Progressively stop the burning of fossil fuels and give the planets lungs a chance to recover. This will extend human existence for whatever reason. There is no reason so make the most of the living years. Ignore the poo heads in the world.