The World's Poor are Hurt Not Helped by Fossil Fuel Subsidies : GMO

Vote for my climate

"Governments argue that fossil fuel subsidies are designed to help the poorest members of society, however, this is not borne out by the research.  The true beneficiaries of these subsidies are wealthier people and wealthier nations not the poor.
According to an IEA report, more than 85 percent of these subsidies go to middle and higher end income earners while only 8 percent of the aid is reaching the poorest 20 percent. These subsidies encourage energy consumption as people with the lowest incomes tend to be lower energy users and rarely drive.
"Fossil-fuel subsidies as presently constituted tend to be regressive, disproportionately benefiting higher income groups that can afford higher levels of fuel consumption," the report said. 'Social welfare programs are a more effective and less distortionary way of helping the poor than energy subsidies.' "

Read the Green Market Oracle story

#fossil fuel subsidies   #climate catastrophe  #poverty   #renewable energy  #100% renewable energy  #electricity #Australia

Bering Sea Appears Largely Ice-Free from NOAA-20

Bering Sea

 
"On April 1, 2014, Suomi-NPP captured the image on the left, which shows much of the Bering and Chukchi seas covered in ice. The Arctic sea ice extent for 2014 was fairly typical, reaching its maximum on March 21, according to the National Snow and Ice Data Center. In contrast, the NOAA-20 image on the right shows a largely ice-free area from the coast of the Yukon Delta National Wildlife Refuge to the Bering Strait."

Read the complete original NOAA article

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 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 

• 

  NASA: Earth’s vital signs: Sea level

  An indicator of current global sea level as measured by satellites; updated monthly.

#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

 

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.

Green Party of England & Wales

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.