As I reflect on each meeting of your National Board of Directors I try to see if there is a theme that threads its way through the agenda. I find that in this recently concluded meeting one emerged for me. Primarily, I call it, “the inside game”. There was a clear consensus that for us to be able to maximize…
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…
Experimentation continues to evolve in the evolution of car sharing programs. GM owns Maven and is trying new ways to fully utilize vehicle assets in ways that shares ownership and revenue streams to maximize utilization and income. The following article provides insight into what General Motors is trying in this regard. It is quite innovative and cutting edge. “dealerships…
A couple of weeks ago I wrote about how the National Flood Insurance Program (NFIP) is $25 BILLION in the hole. Since this program is funded by OUR tax dollars, it is we citizen tax payers that pay for these natural disasters. We should all be supportive that this program is in place to help and support those that suffer from weather…
This is another post along the lines of how a changing climate will impact financial and economic interests. The article below points out that financial institutions are waking up to the costs in real dollars and cents that the warming climate will have. Not having read the study I surmise that the only aspect that has been evaluated is strictly focused on…
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…
Over the past decade or so, I have been somewhat engaged at my alma mater, The University of Chicago, with their EPIC (Energy Policy Institute Chicago) program. I had been told of a new tool that was being developed that would be able to model future climate impacts on a very localized basis. The initial product from this endeavor is now public with…
There’s not much I can say that will add to the following article. I am posting it here in its entirety since I know that most of you don’t actually click through to read the underlying articles on which I base my posts. For the skeptics and so called experts that have been grossly underestimating the growth of renewable energy…
As I was sitting on my back deck this morning drinking my coffee, relaxing and listening to the symphony of chirping birds I heard the growl of airplanes flying by overhead. Not an unusual sound for any of us almost anywhere in the world. And faintly in the background, I could hear the sound of traffic on the highway that…
First of all, a happy Father’s Day to you all. I am so incredibly fortunate to have such a wonderful family all of which live close. It is worthwhile today to take a minute out and be thankful for all the blessings we enjoy and, especially here in the United States, the freedom we have to express ourselves and stand…