I’ve been writing quite a bit about the economic consequences of climate change. Less and less we’re hearing the outcry that doing anything about climate change will have negative, if not devastating impact, on the economy. Besides the fact that there is not ONE study that shows this to be true, actually the opposite, what is overlooked by those that…
Two themes that I have written about a great deal come together in this article. One is that risk of climate change is increasingly becoming factored into financial markets and financial decisions. I’ve cautioned about being invested in fossil fuel industry assets especially those companies that have trillions of dollars of fossil fuels on their balance sheets that could end…
This post reverts back to the one I sent recently about peak oil growth. In that post I highlighted this point: “Investors are increasingly sitting up and taking notice”. The following article, maybe not unintentionally published on 9/11, a day that changed the world, is about the financial consequences of the shift away from oil (and other fossil fuels). As the article title indicates, energy companies…
As the flood waters recede in the Carolinas, the cleanup begins. And billions of our tax payer money will be used to help the victims of Hurricane Florence recover. My guess is that most of us want to help our fellow citizens in their time of great need get back on their feet and using our tax dollars is a…
Two reoccurring themes in my posts are that mainstream thinking is wrong and that changes are going to happen much, much faster than the experts project. One of those changes is how fast the transition from a fossil fuel economy to one that is powered by renewable energy will happen. Usually when I make some bold statement about how fast things will…
In following up on my last post about how insurance companies are retreating from providing coverage for the coal industry, here is information published by Sierra Club reaffirming that the retirement of coal plants is continuing unabated by anything that is happening in Washington right now. The information presented below speaks for itself but here are some of the highlights. …
The retreat from coal is not only gaining momentum but beginning to become a tsunami. Literally, TRILLIONS of dollars are being syphoned away from anything having to do with coal and there is nothing Donald Trump can do about this. Once again I’ll say, Coal is a dead man walking. With examples such as so many insurance companies divesting I wonder why others continue…
The tangible consequences of climate change are occurring and no amount of denial is going to stop this. I posted about this recently and here’s another article about the same thing of how real estate values are being affected. People are becoming more and more aware of and sensitive to how the changes in climate are affecting our lives. When we consistently see…
The urgency of fighting to limit the affects of climate change is becoming quite clear in the consequences that are already occurring. In the last post I described the impact to real estate that is near the ocean coastlines. Continuing on the same theme this article describes just some of the consequences from forest fires that are becoming more frequent…
One of the reasons that I write this blog is to provide information on the consequences of climate change early on that you may miss in the main stream media. I try to keep it relevant to people so you can use it to make smart decisions under changing circumstances. This post is another pertaining to protecting the value of…