Thursday, 11 April 2019

How climate change will affect your mortgage: SMH

Economic impact of climate change
In ordinary times, a person standing up to make a statement of the bleeding obvious isn’t news.

But the times, my friends, are anything but ordinary.

And in these times, when a person stands up and says climate change will have an inevitable impact on our economy, that is news.

Read the full SMH story

See also Port Macquarie map after a 7m sea rise 

Port Macquarie after a 7m sea level rise. Insurance risks affect property values now.

Port Macquarie after 7m sea level rise. Click to enlarge
Port Macquarie with 7m sea level rise: Click to enlarge.
• 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 and infrastructures 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 also be subjected to severe storm surges.

• 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. Insurers are already reluctant to insure many properties that were once only likely to flood every 100 years.

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

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

•  The view of Port Macquarie above shows areas likely to be inundated by even a 7m sea level rise. Note the flooding of infrastructure and roads. Water supply will be affected. How could levees hold back such an onslaught?

• Property above a 10m rise will become highly sought after and will greatly rise in value. Property able to be accessed by road will increase in value but properties isolated by sea rise will lose value. New, costly road routes above the Hastings River floodplain will be required. Will NSW be able to afford to update all its infrastructure? Of course local government will be raising rates in an attempt to maintain infrastructure.


Isaac Cordal sculpture depicting politicians discussing global warming

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

Click here to go to Coastal Risk Australia site

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




#inundation  #sea rise  #searise  #climatecrisis  #climatechange  #ice  #melting ice  #insurancerisk  #floods  #climate catastrophe  #Port Macquarie

A record share of Australians say humans cause climate change: poll: SMH

More Australians than ever believe human activity is entirely or mainly responsible for climate change, new polling shows.

But only 13 per cent say the Morrison government is doing a good job tackling climate change.

A survey by social research firm Ipsos shows 46 per cent of Australians now agree climate change is “entirely or mainly” caused by human activity. That is the highest share since Ipsos began asking the question in an annual survey of Australians’ attitudes to climate change in 2010.


Read the Sydney Morning Herald article

Climate change impact on Australia
 

Sunday, 7 April 2019

How affected will Macksville NSW be by a 7m sea rise? Quite affected.

Macksville 7m sea rise - Click to enlarge
• 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 and infrastructures 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 also be subjected to severe storm surges.

• 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. Insurers are already reluctant to insure many properties that were once only likely to flood every 100 years.

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

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

•  The view of Macksville above shows areas likely to be inundated by even a 7m sea level rise. Note the flooding of infrastructure and roads. Water supply will be affected. How could levees hold back such an onslaught?

• Property above a 10m rise will become highly sought after and will greatly rise in value. Property able to be accessed by road will increase in value but properties isolated by sea rise will lose value. New, costly road routes above the Nambucca River floodplain will be required. Will NSW be able to afford to update all its infrastructure?


Isaac Cordal sculpture depicting politicians discussing global warming

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

Click here to go to Coastal Risk Australia site

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


#inundation  #sea rise  #searise  #climatecrisis  #climatechange  #ice  #melting ice  #insurancerisk  #floods  #climate catastrophe  #Macksville

British MP calls for immediate climate emergency declaration by government.



Published on Apr 2, 2019
"We need a green new deal.."
"It can't be dealt with tomorrow or the day after." 

"It is the number one issue. Not Brexit. Not economic growth."

Related: Urunga NSW: Very affected by sea level rise.

What’s with the UK’s ‘boneheaded’ energy policy?: Medium

climate criminals

"Lobbies and the Military are pushing the UK to favour fracking and nuclear energy over renewables."

“ 'England’s energy policy is very opportunistic, there is no long-term vision,” says Duncan Connors, an economics and energy policy specialist at Durham University. The idea that there is money to be made short-term in shale gas is what underpins government policy, he says. “In the long run, renewables will also bring in a lot of money, but that doesn’t fit into their frame of vision.' ”
climate emergency

"For now, there is still a limit to wind and solar energy: the need to store energy to compensate for uneven weather conditions. Kirby argues that this “isn’t a real problem,” in a few years, there will be batteries powerful enough to store the surplus energy and retransmit it. “The smart thing to do now would be to invest resources into conducting research into making these storage options a reality,” he says. In the UK, Green energy gets twelve times less R&D funding from the government than nuclear power."



#renewables  #UK   #UnitedKingdom  #shalegas   #methane   #batterystorage   #fracking

Saturday, 6 April 2019

Urunga NSW: Very affected by sea level rise.

Unundation of Urunga NSW with 7m sea rise. Click to enlarge.
• 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 and infrastructures 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 also be subjected to severe storm surges.

• 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. Insurers are already reluctant to insure many properties that were once only likely to flood every 100 years.

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

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

•  The view of Urunga above shows areas likely to be inundated by even a 7m sea level rise. Note the flooding of infrastructure and roads. Newry Island has disappeared.

• Property above a 10m rise will become highly sought after and will greatly rise in value. Property able to be accessed by road will increase in value but properties isolated by sea rise will lose value. New, costly road routes above the Bellinger/Kalang Rivers floodplain will be required. Will NSW be able to afford to update all its infrastructure? Water supply will be affected.


Isaac Cordal sculpture depicting politicians discussing global warming

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  #insurancerisk  #floods  #climate catastrophe  #Urunga