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…
Those of you who have been following my messages know that I am exceptionally more optimistic about how quickly the auto market will transition from ICEs (internal combustion engines) to electric. I have said for a long time that conventional wisdom is way to conservative. I am not sure what criteria that is being used but I have a different…
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…
A few days ago I brought to your attention that flooding caused by storm surge is becoming more frequent and severe due to rising ocean levels caused by climate change. In that message I pointed out that regardless of where you live in the US or, whether YOU have flooding, we are all going to pay for this phenomenon. The following article details…
Following up on my last post about the impact of the enormous iceberg that calved off of Antartica last week, today I am sending you an article about how the impact of melting ice could affect the United States (and the rest of the world as well) in terms of the flooding and its associated costs. This should be a wake…
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…
As always, follow the money. The good news is that at more and more companies, shareholders are putting forward a significantly increased number of proposals at corporate annual meetings. In many cases, they are being passed. Even at Exxon Mobil. The effects of climate change especially is causing shareholders alarm for the future profits and viability of the companies…
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…