dmiley wrote:
Earth’s ozone layer continues to recover, scientists report

What about the depth of that pesky ozone hole? 

Climate Emergency strikes Islam’s Holy Ritual, with nearly 600 dead of Heat stroke at 124.24° F. in Mecca (51.24° C)

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In a report published on Tuesday, Lord Coe, President of World Athletics, says “climate change should increasingly be viewed as an existential threat to sport”.

 R_P wrote:
Fascinating how Finance and Insurance Industries are forced to face the reality of Climate Change ... while so many GOP governors actively attempt to deny it.
What I don't appreciate is the cost of risk being spread among those who choose NOT to live in these areas, and having my HO Insurance go up 40% this year without any claims.

Banks Are Finally Realizing What Climate Change Will Do to Housing
Extreme weather threatens the investment value of many properties, but financing for climate mitigation efforts are only just getting going.

Rising sea levels, biodiversity collapse, extreme weather—these are the grisly horsemen of climate apocalypse. But don’t forget the fretting loan officers. A study published earlier this year found that US mortgage approvals tend to dip following periods of hotter-than-normal weather. For every 1 degree Celsius that temperatures rise above average, approvals fell by nearly 1 percent—and their value by more than 6.5 percent.

Lower consumer demand was only part of the problem, according to the study’s authors. The effect was mostly down to loan officers’ worries about climate change and what it might mean for the assets they were lending against. In other words, climate change was devaluing property before their very eyes.

It’s not just the heat. In May, yet another beachfront house in North Carolina’s Outer Banks tumbled into the angry sea. It’s the sixth home lost along Cape Hatteras National Seashore since 2020. Researchers say lenders are increasingly trying to pass on the risk of mortgaging coastal properties due to calamities like this. Wildfires, hurricanes, and flooding are also impacting other financial services used by homeowners. It’s increasingly difficult to get home insurance in Minnesota, for instance, following extreme hail storms in recent years.

Big money is finally waking up to the fact that climate change is a gigantic problem. Property is the world’s greatest store of wealth, with a total value just shy of $380 trillion. This is four times global GDP. But there’s a new kind of toxic asset emerging in property portfolios. The number of homes in what you might call “subprime” locations is rising and, in some parts of the world, property value—like a crumbing coastline—is at risk of erosion. Lenders are getting noticeably more reluctant to lend against these assets. No wonder. In the Asia-Pacific region, nearly one in 10 properties owned by real estate investment trusts could be at “high risk” of climate-change-related damage—particularly those on seafronts, a report  from climate risk consultancy XDI announced in May.

“Some communities are just going to become much more expensive to preserve,” says Dave Burt, founder and CEO of DeltaTerra Capital. (...)

The real lesson of the Hunga Tonga volcanic eruption
When it comes to climate change, humanity is by far the most powerful force

During a year of extremes, carbon dioxide levels surge faster than ever
The two-year increase in Keeling Curve peak is the largest on record

this is fine

UN chief urges fossil fuel ad ban as heat records pile up
Humans are as dangerous to Earth as the meteorite that drove dinosaurs to extinction, the UN chief said Wednesday, urging an end to fossil fuel ads after 12 months that were the hottest on record.

 Isabeau wrote:
 sounds like Socialism

 ColdMiser wrote:

I'm a pessimist here. I don't think FLA people will wake up if that happens. Although I do think they will feel validated in discounting climate change if it doesn't.

 ColdMiser wrote:

The Atlantic is on record to be warmer than usual, at higher risk for hurricanes this year than the gulf. 
Florida now has fewer Homeowner Insurers. More counting on the fragile 'State Insurance,' that could expose Florida to massive bankruptcy.
DeSantis has just pulled a Ulysses vs Poseidon move. 

 ColdMiser wrote:
I'm not sure why this year would be the one where anyone in Florida awakens...

 Isabeau wrote:
They are predicting an above normal Hurricane season. Maybe if one or 2, maybe 3 take aim at FLA people will wake up. Ron probably won't, he will just run around the state in his white booties and blame the Woke. 

 Isabeau wrote:


  yep. 

 R_P wrote:

They're only Mexicans. The US can always build a wall

Wet-bulb temperature