Moodys economic rating service says we in Canada
will benefit from climate change.
Most of the hurt will come from lower oil prices if cut back happens as predicted.
https://www.cbc.ca/news/business/climate-change-moody-s-1.5199652
CBC says so.
Expect that link to disappear.
Sorry, didn't see the link above.
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Originally posted by furrowtickler View PostLet me know when coastal properties in the US and Canada Lise their value , even a bit ... then will see if anyone is worried.
"Coastal homes have lost $15.8 billion in property value during the past dozen years, according to new research that analyzes the effects of tidal flooding caused by sea level rise in every U.S. coastal state from Maine to Mississippi." article and link to study here:
https://electrek.co/2019/02/28/coastal-homes-rising-seas/ https://electrek.co/2019/02/28/coastal-homes-rising-seas/
"In another recent study , researchers at the University of Colorado Boulder's School of Business found coastal properties most exposed to sea level rise sold, on average, for 7 percent less than equivalent properties the same distance from shore but not as threatened by the sea." https://www.wbur.org/bostonomix/2019/05/14/climate-change-real-estate-value-salisbury https://www.wbur.org/bostonomix/2019/05/14/climate-change-real-estate-value-salisbury
"Rising sea levels have forced homebuyers to change the way they value waterfront property. Indeed, a county-by-county study conducted by Attom Data Solutions showed that, over the past five years, home sales in flood-prone areas grew by about 25 percent less quickly than in counties that do not typically flood" https://www.architecturaldigest.com/story/how-climate-change-affects-your-home-value https://www.architecturaldigest.com/story/how-climate-change-affects-your-home-value
From 2009: "Insurers have already begun cancelling homeowners’ policies in high-risk areas and raising insurance costs in potentially impacted locations. In Florida, Allstate dropped 320,000 policies between 2004 and 2007, and is no longer writing any new policies in that state. Allstate also no longer covers as many as 40,000 coastal homeowners in New York." https://stanfordmag.org/contents/how-climate-change-will-affect-home-value-essential-answer https://stanfordmag.org/contents/how-climate-change-will-affect-home-value-essential-answer If insurance costs have increased, or if you simply cannot buy flood insurance anymore is a real cost and it has been seen all along east cost of US
"Some 820,000 homes across the U.S. are priced at a "discount" due to coastal flooding." https://www.huffingtonpost.ca/2018/08/25/climate-change-home-values_a_23509303/ https://www.huffingtonpost.ca/2018/08/25/climate-change-home-values_a_23509303/
“By comparing properties that are virtually the same but for their exposure to the seas, researchers at the University of Colorado at Boulder and Pennsylvania State University found that vulnerable homes sold for 6.6 percent less than unexposed homes. The most vulnerable properties — those that stand to be flooded after seas rise by just one foot *— were selling at a 14.7 percent discount, according to the study.†https://www.allpropertymanagement.com/blog/post/what-climate-change-means-for-coastal-real-estate-values/ https://www.allpropertymanagement.com/blog/post/what-climate-change-means-for-coastal-real-estate-values/
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Originally posted by chuckChuck View PostClimate Change Puts Buildings, Coastlines, The North At Most Risk: Report
Extreme weather can cause infrastructure and power systems to fail.
https://www.huffingtonpost.ca/entry/top-climate-change-risks-canada_ca_5d1ddee0e4b04c48140fad8f?utm_hp_ref=ca-homepage
https://cca-reports.ca/reports/prioritizing-climate-change-risks/
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Originally posted by chuckChuck View PostSo who will the flat earthers vote for? Can't vote for Scheer other wise you are supporting action on climate change!
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https://www.cbc.ca/news/business/climate-change-moody-s-1.5199652
This report is terrible news for liberals because it concludes the ‘West’ will benefit from ‘Climate Change (TM)’. That really drives liberals nuts, they will only be happy when we have redistributed the wealth to the developing countries to surpass us.
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Chuck, you really do get it, as you correctly point out, we don't have a choice in this election. It is either the liberals, or liberal light. Either way it will be more economy wrecking policies, in direct contradiction to the policies of our largest trading partner. Our only choice to get out of this death spiral is to get out of the country. And that is the direction we will be taking.
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chuck just because the liberal broadcasting corporation says so does not make it a fact on CO2 we are talking about going from .004% to >.0045% if that is going to be a disaster , there is a lot bigger fish to fry than that.
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I will ask again
So chuck are real estate prices collapsing in costal regions?
That's how you have a credible debate Chucky! Instead you just insult us.
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So who will the flat earthers vote for? Can't vote for Scheer other wise you are supporting action on climate change!
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When you cast a vote for Andrew Scheer you are casting a vote for a party that believes in human caused climate change and their goal is to meet the the Paris Climate targets on greenhouse gases. No doubt Scheer and the CPC are a a bunch of socialists too! LOL
You better not vote for a "socialist" party that has a global plan for green technology and reducing greenhouse gases. Remember Harper said no more fossil energy by 2100!
https://www.conservative.ca/cpc/andrew-scheers-climate-plan/
Andrew Scheer’s Climate Plan
Conservatives have a proud legacy when it comes to protecting Canada’s natural environment and improving Canada’s environmental performance.
And Andrew’s plan – A Real Plan to Protect Our Environment – builds on this proud legacy.
These new policies will further lower Canada’s greenhouse gas emissions and strengthen environmental protections – without taking money out of Canadians’ pockets.
It is built on three policy principles:
Green technology, not taxes
A cleaner and greener natural environment
Taking our fight against climate change global
A Real Plan to Protect Our Environment is Canada’s best chance to meet the Paris targets, without a carbon tax.
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