Climate Change and Hurricanes
Ahhhh. Back to the internet. That CityofNewOrleans wireless internet could be seen but not connected to at my place. I knew it was too good to be true.
First, on the tenuous link between climate change and increased hurricane ferociousness. Warren Buffet seems to think there's something to it, and he's a man who knows about risk assessment. You can be sure the increased reinsurance costs will come out of your pocket eventually.
Berkshire Hathaway, the investment group run by Warren Buffett, is pushing up the price of hurricane insurance as a precaution against the possible impact of climate change.
Mr Buffett said it remained an open question whether "atmospheric, oceanic or other causal factors have dramatically changed the frequency or intensity of hurricanes" but after the worst quarterly losses in industry history it was prudent to limit exposure.
Also I am seeing some more ominous headlines North Pole Meets South Pole: Both Ends of Earth Are Melting that make me wonder what other steps may be prudent. Will our levees hold up to a significant sea level rise?
The state of the wetlands in Louisiana is still TBD. Recent updates indicate we have more fish and less habitat, so its going to take some time to see how the system sorts out after the storms, with both Katrina and Rita doing significant damage.

0 Comments:
Post a Comment
Links to this post:
Create a Link
<< Home