Monday 30 September 2019

Climate Risk in the Housing Market Has Echoes of Subprime Crisis, Study Finds: NYT

"Asaf Bernstein, an economist at the University of Colorado in Boulder, said the findings highlighted another problem: By agreeing to buy mortgages for homes at risk from climate change, without charging a premium that reflects that risk, the federal government had effectively encouraged home construction and purchases in vulnerable areas.









“It’s basically an implicit subsidy,” Mr. Bernstein, who was not involved in the study, said.

Economists at both Fannie and Freddie have warned in the past of the risks that climate-related increases in flooding pose to the mortgage industry. In 2016, Sean Becketti, then the chief economist at Freddie Mac, wrote that rising seas “appear likely to destroy billions of dollars in property.”

“The economic losses and social disruption may happen gradually, but they are likely to be greater in total than those experienced in the housing crisis and Great Recession,” he wrote. “It is less likely that borrowers will continue to make mortgage payments if their homes are literally underwater.”

See also:

'It doesn't feel justifiable': The couples not having children because of climate change: SMH

 

Sunday 29 September 2019

How the Climate Kids Are Short-Circuiting Right-Wing Media: NYT

Young people like Greta Thunberg are participating in the culture wars while also managing to float above the fray.

The kids aren’t just all right — they’re scrambling the brains of their political enemies.

Last Friday, millions of people, many of them children and teenagers, took to the streets during the Global Climate Strike, a protest inspired by Fridays for Future, the international youth effort started by the 16-year-old Swedish activist Greta Thunberg. The protesters’ call for broad action to combat global warming was powerful, as was the message sent by their numbers: Dynamic, frustrated young people are instilling in the climate movement a new urgency. 


Online, the climate kids’ impact can be measured in a different way — by how they’re short-circuiting the right-wing media ecosystem that’s partly responsible for the spread of climate skepticism. Since Friday’s strike, pro-Trump media and conservative cable news pundits have devoted significant resources to turning the children of the climate movement into Public Enemy No. 1.

Friday 27 September 2019

Sanders Vows, If Elected, to Pursue Criminal Charges Against Fossil Fuel CEOs for Knowingly 'Destroying the Planet': Common Deams


"They knew that it was real. Their own scientists told them that it was real. What do you do to people who lied in a very bold-faced way, lied to the American people, lied to the media?"
by

Published on
by




During an MSNBC climate town hall at Georgetown University
on Thursday, Sen. Bernie Sanders said, if elected president in 2020, he would pursue criminal charges against fossil fuel executives for knowingly accelerating the ecological crisis while sowing doubt about the science to the American public.

"Duh, of course I would," Sanders said when asked by MSNBC's Chris Hayes if, as president, he would take legal action against fossil fuel companies.

"They knew that it was real," Sanders said, referring to fossil fuel CEOs' awareness of the climate crisis. "Their own scientists told them that it was real. What do you do to people who lied in a very bold-faced way, lied to the American people, lied to the media? How do you hold them accountable?"

"What do you do if executives knew that the product they were producing was destroying the planet, and they continue to do it?" the senator continued. "Do you think that that might be subject to criminal charges? Well, I think it's something we should look at."

Read the complete article 

See also:

Greta Thunberg condemns world leaders in emotional speech at UN : The Guardian


http://www.howglobalwarmingworks.org/ is worth a visit




This site's information helps people understand global warming's scientific mechanism.

How Global Warming Works: Climate Change's Mechanism Explained

by Professor Michael Ranney, Dr. Daniel Reinholz, and Dr. Lloyd Goldwasser (with help from Professor Ronald Cohen)

You may have heard of global climate change, which is often called “global warming.” Whether or not people accept that humans are causing global warming, most folks have an opinion about it. But how much do regular people understand the science of climate change? If you were asked to explain how global warming works, could you? Take a moment to try to explain to yourself how virtually all climate scientists think the Earth is warming. What is the physical or chemical mechanism?

Don’t feel bad; if you’re anything like the people we’ve surveyed in our studies, you probably struggled to come up with an explanation. In fact, in one study, we asked almost 300 adults in the US––and not a single person could accurately explain the mechanism of global warming at a pretty basic level. This is consistent with larger surveys that have shown that people often lack knowledge about climate change. But how can we make informed decisions without understanding the issues we’re debating?
Go to How Global Warming Works site to see videos etc

Five Types of Climate Change Deniers

20 February 2019 
"As I see it, there are at least five types of climate change denier. The word “denier” needs to be taken broadly here, because not all of these types are people who loudly proclaim that there is no anthropogenic climate change. But all five types do contribute to the wider phenomenon of denial. The types are these: The Deceiver, The Deceived, The Self-Deceived, The Skeptic, and the Truly Ignorant. These types overlap in interesting way, and it may be hard to tell in practice which type you’re talking to on any occasion. But listing them distinctly provides an intellectual tool for thinking about how to deal with deniers both theoretically and practically. So let’s spell them out.

Type 1: The Deceiver

This is type knowingly spreads misinformation about climate change. That could be denial that there is climate change, denial that humans are causing it, denial that the effects are as bad as scientists say, etc. But what is distinctive is that they are aware of what they are doing. They are willfully mendacious merchants of doubt—often with fancy degrees in the relevant sciences. They make good money from interests like oil and coal. The thing to know about the Deceivers is that they’re clever: they’ll know enough of the evidence for anthropogenic climate change that they can cherry-pick amongst it in order to present a distorted picture to those who are gullible. I think there are two ways to neutralize a Deceiver: (1) expose them for what they are by following the money (this is the one I recommend); (2) pay them more than what they’re getting from oil and coal (you have to have a lot of money for this one)."


Related:

Trump's failure to fight climate change is a crime against humanity: CNN


Wednesday 25 September 2019

Trump's failure to fight climate change is a crime against humanity: CNN

"(CNN)President Donald Trump, Florida Gov. Rick Scott, Florida Sen. Marco Rubio, and others who oppose action to address human-induced climate change should be held accountable for climate crimes against humanity. They are the authors and agents of systematic policies that deny basic human rights to their own citizens and people around the world, including the rights to life, health, and property. These politicians have blood on their hands, and the death toll continues to rise.

'It doesn't feel justifiable': The couples not having children because of climate change: SMH

"Morgan and Adam have always wanted children but fears over climate change are making them reconsider.

The committed pair, aged 36 and 35, are part of a growing trend for young couples to abandon plans for a family because of the climate crisis.

Millions of people around the world rallied for climate action over the past two days, including 300,000 in Australia on Friday, ahead of a United Nations climate action summit on Monday."

' "I feel so sad, it's such a hard thing to let go of," says Morgan, who works in logistics. "My conscience says, 'I can't give this child what I've enjoyed, I can't give them the certainty of a future where they can be all that they can be ... or have the things they should have, like breathable air and drinkable water'."'

Climate change sceptic Liberals let down Canberra’s most vulnerable say Rattenbury

The Canberra Liberals have no plan to address climate change, are waging a fearmongering campaign about the ACT’s climate change actions, and oppose measures to financially assist Canberra households as we transition to a sustainable future.

“The ACT is making nation-leading efforts to tackle climate change and make Canberra a modern, green, and highly liveable city. These initiatives are already bringing extensive environmental, social, and economic benefits to Canberra, and Canberrans are rightly proud of them,” ACT Greens leader and Minister for Climate Change and Sustainability Shane Rattenbury said today.

Tuesday 24 September 2019

Australian PM says China must step up on climate change as 'newly developed' nation: The Guardian

"Scott Morrison uses keynote speech of US visit to say China should be doing more to combat the climate crisis"
 
"Scott Morrison has challenged China to do more heavy lifting on climate change, saying Australia welcomes its economic growth, but that prosperity and power also come with responsibility.
The Australian prime minister used the keynote speech of his US visit, at the Chicago Institute for Global Affairs on Monday, to praise China’s “economic maturity”. Morrison characterised China as a “newly developed” rather than a developing economy, and argued that status conferred developed-world obligations on the Chinese leadership."

BUT
 

"Guardian Australia revealed earlier this month Morrison was not attending the New York summit, despite the fact he will arrive at the UN later on Monday. Australia is deploying the foreign affairs minister, Marise Payne, and the Australian ambassador for the environment, Patrick Suckling, instead. Only countries with new concrete commitments to announce were allocated speaking spots at the event."

...and Australia was not allocated a speaking spot!!!!!!

Read the complete story

Greta Thunberg condemns world leaders in emotional speech at UN : The Guardian

  • Thunberg, 16, says governments have betrayed young people
  • ‘You are not mature enough to tell it like it is. You are failing us’



“The summit was designed to accelerate countries’ ambition to address the climate crisis amid increasingly urgent warnings by scientists. A new UN analysis has found that commitments to cut planet-warming gases must be at least tripled and increased by up to fivefold if the world is to meet the goals of the 2015 Paris agreement of holding the temperature rise to at least 2C above the pre-industrial era.“

Read complete The Guardian story

Sunday 22 September 2019

It’s Time to Try Fossil-Fuel Executives for Crimes Against Humanity: Jacobin

"The fossil-fuel industry is lawyering up. 

To date, nine cities have sued the fossil industry for climate damages. California fisherman are going after oil companies for their role in warming the Pacific Ocean, a process that soaks the Dungeness crabs they harvest with a dangerous neurotoxin. 

Former acting New York state attorney general Barbara Underwood has opened an investigation into whether ExxonMobil has misled its shareholders about the risks it faces from climate change, a push current Attorney General Leticia James has said she is eager to keep up. Massachusetts attorney general Maura Healey opened an earlier investigation into whether Exxon defrauded the public by spreading disinformation about climate change, which various courts — including the Supreme Court — have refused to block despite the company’s pleas. And in Juliana vs. U.S., young people have filed suit against the government for violating their constitutional rights by pursuing policies that intensify global warming, hitting the dense ties between Big Oil and the state.

These are welcome attempts to hold the industry responsible for its role in warming our earth. It’s time, however, to take this series of legal proceedings to the next level: we should try fossil-fuel executives for crimes against humanity."

Read the Jacobin article 

"Left unchecked, the death toll of climate change could easily creep up into the hundreds of millions, according to the Intergovernmental Panel on Climate Change (IPCC), in turn unleashing chaos and suffering that’s simply impossible to project. An independent report commissioned by twenty governments in 2012 found that climate impacts are already causing an estimated four hundred thousand deaths per year.

Counting a wider range of casualties attributed to burning fossil fuels — air pollution, indoor smoke, occupational hazards, and skin cancer — that figure jumps to nearly 5 million a year. By 2030, annual climate and carbon-related deaths are expected to reach nearly 6 million. That’s the rough equivalent of one Holocaust every year, which in just a few short years could surpass the total number of people killed in World War II. All caused by the fossil-fuel industry."

Read the Jacobin article 

Related:

The destruction of the Earth is a crime. It should be prosecuted 

 

"This fictional short story is set in 2068


"This fictional short story is part of our Speculative Journalism Issue, where we imagine stories from a West under climate stress in 2068."

' “Now I understand that the feeling was shame — shame and anger. I think that is really why I’ve done what I’ve done, and I don’t need a pardon for it. When the courts started making arrests, police were grabbing guys, like, every other day. In Sweden or Australia or Canada — all these exotic places I had only ever seen on television or in my magazines — these guys were driving around in expensive cars with their families and living in climate-controlled buildings with hydroponic crops and expensive bottled water like nothing was happening. Like the world was OK. And when they went into hiding? That’s when I joined up. I wanted to help grab these assholes, but I settled for dynamiting (Bureau of Indian Affairs) offices." '

Read the story

Climate Action in Nambucca Heads Sep 20, 2019

It’s Time To Start Prosecuting Climate Criminals: Ecosystem Marketplace



by Reinhold Gallmetzer
 
Countries around the world are implementing new laws and developing new mechanisms to achieve the goals of the Paris Climate Agreement, while while several organizations have filed civil suits to force government action. But one mechanism has been sorely under-utilized: namely, prosecuting climate scofflaws as criminals under laws that already exist, argues Reinhold Gallmetzer of the International Criminal Court.

This story initially appeared in the UNEP magazine “Our Planet”


Criminal justice can help achieve the objectives of the Paris Agreement on climate change as part of an integrated approach from governments, private businesses, finance, science, civil society and others.

A significant share of global greenhouse gas emissions results from, or is associated with, conduct that violates existing criminal law. Those caused by deforestation and forest degradation are one striking example: a World Bank study on forest crimes found that up to 90 per cent of logging in key producer tropical countries is illegal and involves criminal activity. In addition, INTERPOL’s guide on carbon trading crime shows how fraud undermines the carbon market, an essential mechanism for reducing greenhouse gas emissions.

Even when emissions are not directly based on criminal conduct, they may be associated with crimes – such as corruption, trade violations, financial crimes or fraud – committed, for instance, in the context of extracting or trading fossil fuels or timber. Moreover, if there is a concrete causal link between a specific source of emissions and a harmful consequence – such as serious injury to body or physical health or the destruction of property – this may constitute a crime. All these offences can be collectively referred to as climate crimes.

Climate crimes are under-prosecuted due to: a misconception that their prosecution has an uncertain legal basis; the low priority given to them; and their under-reporting in the first place. Yet none of these reasons should stand in the way of significantly scaling up the prosecution of climate crimes. That would repress and deter criminal conduct that facilitates greenhouse gas emissions, and thereby help achieve the objectives of the Paris Agreement.

Law enforcement authorities are already equipped with the necessary legal tools to prosecute climate crimes effectively. Many legal systems punish environmental crimes such as illegal deforestation or pollution, which may allow direct prosecution of greenhouse gas-emitting activities. Prosecutors may also examine the broader context in which emissions occur, as well as their consequences, and target them indirectly by focussing on crimes commonly associated with, or resulting from, emissions, such as corruption, financial crimes or destruction of property.

Read the complete Ecosystem Marketplace article 

See also: http://www.climatecrimeanalysis.org/priority-prosecution.html

Friday 13 September 2019

Former fire chiefs demand urgent action on 'escalating climate change threat': SBS

"Twenty-three of Australia’s most senior former emergency service bosses have come together in an unprecedented show of unity, calling on the Prime Minister to 'get on with the job' of reducing greenhouse gasses. 

Longer bushfire seasons, ‘dry’ lightning storms, increased flooding and higher rates of anxiety: this is Australia’s future without immediate action on climate change, some of Australia’s most senior former emergency service chiefs have warned.

In an unprecedented joint statement directed to the state and federal governments, 23 former emergency service bosses have come together on Wednesday to call for stronger action on climate change, which they believe is threatening lives in Australia.
The 23 signatories, representing every state and territory, have called on Prime Minister Scott Morrison to commit to a parliamentary inquiry into whether the emergency services are fit to defend Australia against the increasing risk of natural disasters."


Related: 

Time to rethink Australia's fire fighting resources.

Wednesday 11 September 2019

Time to rethink Australia's fire fighting resources.


📷: Bindi Cox
Our wildfires are taking lives, destroying homes and infrastructure and stressing our rural communities. 

Our firefighters in Australia, both paid and volunteer, are out there risking injury and putting their lives on the line, or at the very least sacrificing their work. Employers, often small business employers, are supporting them. Are our firefighters sufficient in number?


"There are still 50 fires burning across New South Wales, with 21 fires uncontained. A total of 630 firefighters have been deployed across the state. A fire in Bees Nest, north-west of Dorrigo in the Armidale area, is currently over 66,500 hectares and out of control." September 10







What are we losing in these fires?

📷 Photo Credit: Darren, Jimboomba Police
 • Of course we are losing homes and infrastructure. Communities are being traumatised. We are now wondering whether drought stricken communities will have the required water to fight the inevitable fires that climate change is increasing. 

• We now have a new fire category, 'extreme'.

• We are also losing precious forests and biodiversity. This week the Gondwana World Heritage Area has been severely damaged.

"The Gondwana Rainforests of Australia, World Heritage Area, contains the most extensive areas of subtropical rainforest in the world, large areas of warm temperate rainforest, and the majority of the world's Antarctic beech cool temperature rainforest. These extraordinary areas still contain ancient and primitive plants and animals from which life on Earth evolved." NSW National Parks

The same fire began in the Guy Fawkes River National Park and by September10,  had burned 66,500 hectares and was 'out of control'.
 
"The park is a significant conservation site with amazing biodiversity. There are 24 threatened animal species you might encounter here, including the brush-tailed rock-wallabies that can often be seen in the park’s rocky areas." National Parks


There has been a world wide reaction to careless burning of the Amazon forests. Other countries are busily planting trees to protect soils and store carbon, yet Australia is busy clearing trees and fighting forest fires with limited resources. 




It is time to review our fire fighting resources.

We know some extra resources have been ordered or already purchased.

"New South Wales has signed a contract with United States-based Coulson Aviation to purchase three aircraft for firebombing duties, including a modified Boeing 737 large air tanker.

  
NSW buys Boeing 737 large air tanker for firefighting ...



https://australianaviation.com.au › 2019/05 › nsw-buys-boeing-737-large-..."

As we face an increasing number of fierce fires in an extended fire season, it is time to ask:

Are we allowing our rural communities to suffer unnecessarily?

Why are we allowing our world heritage forests with unique biodiversity to burn?

Do we have sufficient resources to fight fires and to extinguish them quickly?

Why are we still reliant on volunteers? Why are we putting volunteers at risk?

Do we have enough air support?

Is a budget surplus a priority over expanding our firefighting resources and better protecting our communities? 

Related:

What if we stopped pretending Climate Change could be prevented.

Tuesday 10 September 2019

The terrible truth of climate change: The Monthly

"As I collated this information for my presentation, it became clear to me that Cyclone Tracy is a warning. Without major action, we will see tropical cyclones drifting into areas on the southern edge of current cyclone zones, into places such as south-east Queensland and northern New South Wales, where infrastructure is not ready to cope with cyclonic conditions.

These areas currently house more than 3.6 million people; we simply aren’t prepared for what is upon us.

There is a very rational reason why Australian schoolkids are now taking to the streets – the immensity of what is at stake is truly staggering. Staying silent about this planetary emergency no longer feels like an option for me either. Given how disconnected policy is from scientific reality in this country, an urgent and pragmatic national conversation is now essential. Other-
wise, living on a destabilised planet is the terrible truth that we will all face."


"We still have time to try and avert the scale of the disaster, but we must respond as we would in an emergency. The question is, can we muster the best of our humanity in time?"

Read the complete The Monthly article 

See also:

Honest Government Ad | We're F**ked: YouTube

Honest Government Ad | We're F**ked: YouTube






 The Government made an ad about climate change as we head into the third decade of the 21st century, and it’s surprisingly honest and informative. 
 - Global Climate Strike Sept 20-27: https://globalclimatestrike.net 
- Worldwide Rebellion Oct 7-18: https://rebellion.global 
- FridaysForFuture Sept 20/27: https://www.fridaysforfuture.org/even... 
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CREDITS -- Produced by Patrons of The Juice Media -- Written by Giordano for The Juice Media -- Performed by Zoe x Voice by Lucy -- Animations by Brent Cataldo -- Thanks to Scott, Adso, Damian, Matt and Dbot for feedback on the script -- Footage courtesy of Extinction Rebellion: https://www.youtube.com/channel/UCYTh... -- Music by PMWA: https://audiojungle.net/item/timelaps...

See also:

Leaked IPCC report warns of the future of oceans in climate change: Global Landscapes Forum

Monday 9 September 2019

What if we stopped pretending Climate Change could be prevented.

"All-out war on climate change made sense only as long as it was winnable. Once you accept that we’ve lost it, other kinds of action take on greater meaning. 

Preparing for fires and floods and refugees is a directly pertinent example. But the impending catastrophe heightens the urgency of almost any world-improving action. In times of increasing chaos, people seek protection in tribalism and armed force, rather than in the rule of law, and our best defense against this kind of dystopia is to maintain functioning democracies, functioning legal systems, functioning communities. In this respect, any movement toward a more just and civil society can now be considered a meaningful climate action. Securing fair elections is a climate action.
 Combatting extreme wealth inequality is a climate action. Shutting down the hate machines on social media is a climate action. Instituting humane immigration policy, advocating for racial and gender equality, promoting respect for laws and their enforcement, supporting a free and independent press, ridding the country of assault weapons—these are all meaningful climate actions. To survive rising temperatures, every system, whether of the natural world or of the human world, will need to be as strong and healthy as we can make it."

"In Santa Cruz, where I live, there’s an organization called the Homeless Garden Project. On a small working farm at the west end of town, it offers employment, training, support, and a sense of community to members of the city’s homeless population. It can’t “solve” the problem of homelessness, but it’s been changing lives, one at a time, for nearly thirty years. Supporting itself in part by selling organic produce, it contributes more broadly to a revolution in how we think about people in need, the land we depend on, and the natural world around us. In the summer, as a member of its C.S.A. program, I enjoy its kale and strawberries, and in the fall, because the soil is alive and uncontaminated, small migratory birds find sustenance in its furrows.

There may come a time, sooner than any of us likes to think, when the systems of industrial agriculture and global trade break down and homeless people outnumber people with homes. At that point, traditional local farming and strong communities will no longer just be liberal buzzwords. Kindness to neighbors and respect for the land—nurturing healthy soil, wisely managing water, caring for pollinators—will be essential in a crisis and in whatever society survives it. A project like the Homeless Garden offers me the hope that the future, while undoubtedly worse than the present, might also, in some ways, be better. Most of all, though, it gives me hope for today."

Read the excellent NYT article

See also:

Leaked IPCC report warns of the future of oceans in climate change: Global Landscapes Forum

 

For Pope Francis, a Perfect Moment for an Unsettling Warning on the Environment: NYT

"Pope Francis used his first full day in Madagascar to hammer the same point home.

“Your lovely island of Madagascar is rich in plant and animal biodiversity, yet this treasure is especially threatened by excessive deforestation, from which some profit,” Francis said Saturday in Madagascar’s capital, Antananarivo, about an hour’s drive from the lemur reserve. “The last forests are menaced by forest fires, poaching, the unrestricted cutting down of valuable woodlands.”
Francis has been making a similar case since his election in 2013, when he put environmental protection and global warming at the top of his agenda. He championed the Paris climate accord and, in 2015, became the first pope to dedicate an encyclical to protecting the earth."


Sunday 8 September 2019

What’s Another Way to Say ‘We’re F-cked’? : Medium

One of the leading climate scientists of our time is warning of the horrifying possibility of 15-to-20 feet of sea-level rise

 

Richard Alley is not a fringe character in the world of climate change. In fact, he is widely viewed as one of the greatest climate scientists of our time. If there is anyone who understands the full complexity of the risks we face from climate change, it’s Alley. And far from being alarmist, Alley is known for his careful, rigorous science. He has spent most of his adult life deconstructing past Earth climates from the information in ice cores and rocks and ocean sediments. And what he has learned about the past, he has used to better understand the future.

For a scientist of Alley’s stature to say that he can’t rule out 15 or 20 feet of sea-level rise in the coming decades is mind-blowing. And it is one of the clearest statements I’ve ever heard of just how much trouble we are in on our rapidly warming planet (and I’ve heard a lot — I wrote a book about sea-level rise)."

 Related:

Showing sea level 5m rise flooding in Melbourne city

Saturday 7 September 2019

What You Should Know About the New Climate Change Report: Medium

We have the technological capability to stop our earth from warming further. But it looks like that won’t happen.

"Even tiny increases in global temperature — give or take just 0.5°C — could severely alter our planet, bringing us hotter days year-round, the total destruction of the world’s corals, more dangerous flooding, and increased instances of drought and wildfire. Even though we have the technology and know-how to cap warming at a 1.5°C increase, humanity is on track to warm the planet by 3°C by the end of the century.

This is all according to a new report by a group of international researchers that advise the United Nations on all things climate change. The research zooms in on what would happen if the world warms by 1.5°C and 2°C above pre-industrial levels. The report’s authors say keeping temperature rise at or below 1.5°C is necessary to stave off the more drastic impacts of global climate change."


Related: 

Leaked IPCC report warns of the future of oceans in climate change: Global Landscapes Forum

 


Friday 6 September 2019

Showing sea level 5m rise flooding in Melbourne city

Melbourne inundation with a 5m sea level rise


• We are looking more and more unlikely to prevent global heating.

• Scientists are predicting the melting of the ice covering Greenland with a subsequent sea level rise of 7m.

• This rise does not factor in sea rise from the melting of Antarctica and other ice.

• Already many properties are likely to flood when a high tide is combined with high local rainfall. What were a hundred year rainfall events are now ten year events.

• The frequency of high rainfall events will increase with global heating and more and more severe hurricanes are predicted because of warmer seas.

• Low coastal areas will be subjected to severe storm surges. 

• Once the ice on Greenland and Antarctica melts the sea level will rise. It is already melting.

• Would you buy a property likely to be inundated in twenty years, fifty years, a hundred years? Many wouldn't. Even the perception of possible inundation will greatly affect property values.

• When certain properties are in less demand their value falls.

• Would you buy a property with a value likely to fall?

•  The view of Melbourne above shows areas likely to be inundated by a 5m sea level rise.

• Property above a 10m rise will become highly sought after and will greatly rise in value.

Learn more about how sea rise inundation will affect Australian property.

Click here to go to Coastal Risk Australia site

'Retreat' Is Not An Option As A California Beach Town Plans For Rising Seas: NPR 


#inundation  #sea rise  #searise  #climatecrisis  #climatechange  #ice  #melting ice