It can be hard to imagine the catastrophic impact that climate change can create. While the US has seen impacts, somehow when droughts dissipate, hurricanes die out, mud slides get cleaned up, fires are doused, flood waters recede and temperatures drop most of the public forgets about these events. Not, of course, those who’s lives are severely impacted. But most of the public puts…
Since I’ve been writing about how horrible the impact of Global Climate Change is likely to be, I thought I’d pass on a more optimistic view. Besides, some of you have been responding to me siting information showing that things aren’t as dire as I make them out to be. Let’s hope that I am over inflating our grim future. I…
The warming atmosphere is creating more and more weather turmoil and disasters. For those who decry what climate mitigation will cost they should consider the cost of NOT doing everything we possibly can to minimize the impact some of which is already baked into our future. Of course it’s not just the direct cost of cleaning up after a disaster. There…
I am going to be sending you a few posts to insure that you don’t get complacent about the climate. It is changing dramatically and fast and costing hundreds of billions of $$$$$$$ not to mention the human suffering. Usually I highlight the most salient parts but it will take you only about a minute to read the whole thing.…
In case you need a reminder of how fast things are changing in the energy markets here’s another article projecting the future success of solar energy. I hope you’ve noticed a continuing theme that prices continue to fall faster than predicted and adaptation progresses at a growing pace beyond what anyone is willing to stick their neck out and project. …
Harvey, Irma, Maria, two massive earthquakes in Mexico and a small one that hit Los Angeles recently, multiple large fires in the West and drought. OMG!! It really does feel like the sky is falling. Here in Chicago the weather has been wonderful. Dry, sunny, warm. I feel a sense of guilt as I see so many of our fellow citizens…
In several previous posts I have pointed out the financial risk that climate change poses to the world economy. Increasingly the world is waking up to how climate change will affect corporate stability and by extension, capital markets. Insurance companies are on the front line of this issue. And as I pointed out, so is the government flood insurance program…
Here’s another article in this series of blogs that will show that conventional wisdom is outdated and just simply, wrong. The pace of change in the energy “environment” is gaining more and more momentum… Solar Power Will Kill Coal Faster Than You Think Bloomberg New Energy Finance’s outlook shows renewables will be cheaper almost everywhere in just a few…
Solar technology is moving ahead so much faster than most people comprehend. It is gaining scale and the price is dropping. Unfortunately, we are ceding leadership in this arena to the Chinese. Sad. The rest of the world will leave us in the dust if we’re not careful. Watch this one minute video. You’ll be amazed. This…
Considering how much financial damage is now already occurring around the globe due to a changing climate, it is surprising to see how so many investors continue to ignore the implications on their own financial security. Or maybe it is encouraging to view this in the opposite way and see how many investors are waking up to the fact that a changing climate…