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Climate Change

Discussion in 'BBS Hangout: Debate & Discussion' started by ItsMyFault, Nov 9, 2016.

  1. Agent94

    Agent94 Member

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    He's an idiot. He is deep into the MAGA alternate reality and said some racist stuff that got his comic strip cancelled.
     
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  2. Commodore

    Commodore Contributing Member

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  3. Amiga

    Amiga 10 years ago...
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    Here, he's showcasing a complete lack of a pretty basic understanding of science. He is either trolling or is an idiot. Whatever the case, the bigger problem is that he's part of that alternate reality universe (and you are right on here). There are folks who will easily accept his rejection of science. He is in a position to impact the alternate reality universe, rejecting (it's already under attack) pretty basic science. Unfortunately, with social media, he will have that impact. We already see a pretty smart poster here sharing such crap, so it's already influential on 'normal' people who are now easily duped by social media influencers that spread bs.
     
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  4. Commodore

    Commodore Contributing Member

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  5. deb4rockets

    deb4rockets Contributing Member
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    I guess MAGA Floridians can ditch their air conditioners because baby it's cold outside. Climate change is a hoax. You just wait and see how cool it will be this summer. :p
     
  6. AroundTheWorld

    AroundTheWorld Insufferable 98er
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    Socialism via the trojan horse "climate change".
     
  7. AroundTheWorld

    AroundTheWorld Insufferable 98er
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  8. Commodore

    Commodore Contributing Member

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    #3028 Commodore, Jan 28, 2024
    Last edited: Jan 28, 2024
  9. rocketsjudoka

    rocketsjudoka Contributing Member
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    I’ll say again these type of stunts by “activists” are unhelpful and actually hurt the causes they claim to support.

    It’s just more of the “Hey look at me!” actions designed to get them attention on social media rather than a thoughtful or effective social protest
     
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  10. Amiga

    Amiga 10 years ago...
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    Speaking of inflation, have you checked your insurance rates recently? This isn't just a Southern thing; it's nationwide, and it was anticipated. Housing costs were expected to rise dramatically with a warming planet. This impacts everyone, homeowners or not, because eventually, the government will have to step in and help the uninsured/underinsured nationwide.

    America is running out of home-owners insurance (nypost.com)
    By Oshrat Carmiel, Published Jan. 6, 2024, 8:00 a.m. ET

    Oshrat Carmiel is the publisher of Highest & Best, a newsletter on South Florida real estate and wealth migration, and a former real estate reporter for Bloomberg News.


    It’s becoming harder — and insanely expensive — to insure a home in America.

    And that’s not just a household budgeting problem.

    As once-routine weather events become increasingly destructive, the rising cost of home-owners insurance threatens to further stall a national housing market that’s already groaning under the weight of high interest rates, rising prices and surging construction expenses.

    The impact of skyrocketing property insurance is being felt nationwide.

    ....

    Some insurance giants are abandoning entire states, leaving residents fewer and costlier choices to protect against costly catastrophes.

    “You can’t have a functioning housing market without insurance,“ said Jonathan Miller, president of real estate appraiser Miller Samuel Inc. “People getting mortgages are required to have it.”

    Premiums for US homeowners’ insurance jumped by an average of 21% from May 2022 to May 2023, according to a study by online insurance marketplace Policygenius.

    That eclipsed the already staggering 12% rise from the previous year.

    The numbers are even more eye-opening at the local level.

    Insurer USAA raised premiums by 37% in Arizona last year, and 35% in Colorado, according to S&P Global Market Intelligence‘s RateWatch, which tracked rate filings by the largest underwriters in each state.

    Progressive Corp. pushed through a 57% rate hike on renewals in North Carolina.

    Farmers Insurance Group boosted premiums in 43 states including a 25% bump in Texas, where a May storm with golf-ball sized hail wrought $1.6 billion in damage.

    In Florida, Farmers pulled its insurance business entirely from the state in July, leaving as many as 100,000 policies ineligible for renewal.

    And the company stopped issuing new contracts in California, where an estimated 1.2 million homes are at risk from wildfires.

    US property insurers are hurting following three straight years of underwriting losses—including $6.7 billion in 2022 alone, according to insurance credit rating agency AM Best.

    That’s unlikely to change anytime soon as the number of weather events causing at least $1 billion of damage continues to surge: There were 25 in 2023, according to the National Oceanic and Atmospheric Administration – including August’s wildfires on the Hawaiian island of Maui, which engulfed the town of Lahaina and caused an estimated $5.6 billion in losses.

    That’s up from 18 in 2022, most notably Hurricane Ian on Florida’s Gulf Coast, which was the second costliest hurricane in US history with as much as $60 billion in insured losses, according to Triple-I.

    “It’s the number of medium-sized events that have made the impact,” said David Marlett, managing director of the Brantley Risk & Insurance Center at Appalachian State University. “A hailstorm across the Midwest…was not a big insured event, but now it seems to be a billion-dollar loss.”

    ....

    Take Florida — home to the nation’s highest home insurance premiums.

    Seven property insurers have entered insolvency since 2022, while others have simply given up on the state.

    Florida’s state-backed insurer of last resort, Citizens Property Insurance Corp, now holds 1.26 million policies and has the largest market share — 15% — of any Florida insurer, according to the III. U.S. Senator Sheldon Whitehouse (D-RI), chairman of the Senate Budget Committee, launched an investigation of Citizens last month, citing concerns over insolvency and the potential need for a federal bailout.

    Dwindling insurance options in the most disaster-prone states “is going to make housing less affordable,” said Marlett. “At some point you can see a reasonable person questioning the value [of insurance] and having the ability to pay for it.”

    That point may be now.

    Nationally, 12% of homeowners are choosing to forgo property insurance – up from 5% in 2015, according to an III survey.

    In Florida, the share of homeowners deciding to “go bare” runs as high as 20%, Friedlander said.

    One of them is former Palm Beach County mayor Gregg Weiss, who famously dropped insurance coverage last year after the annual cost of his windstorm policy doubled to $20,000.

    But that’s only an option for owners who, like Weiss, have no mortgage.

    Those who require financing may have to forgo home purchases entirely, as insurance burdens tip the costs of owning a home beyond reach.

    In Jacksonville, Florida, real estate agent Heather Kruayai said that 25% of buyers who’ve signed contracts for one of her sales listings backed out after receiving insurance estimates.

    “They’re getting the rates and they’re astronomical,” Kruayai, an agent with Redfin, said. As a result, mortgages are being rejected, effectively killing off deals.

    (Kruayai herself felt the sting of a hefty insurance estimate: the renewal quote on her own home more than doubled to $5,80 for this year.)

    More than 20% of pending homes sales fell through in September in places like Orlando, Fort Lauderdale, Dallas and San Antonio, according to Redfin.

    It’s not coincidental that those cities are in states — Florida and Texas — with some of the highest insurance costs, Daryl Fairweather, the brokerage’s chief economist, said.

    ....

    “It’s just not fair to consumers who have paid into their policies for decades to bear the full brunt of cost increases because of climate change,” Balber said.

    After all, she continues, “we expect [insurance policies] to be there when we finally need them — that’s the point of insurance.”


     
    #3030 Amiga, Jan 28, 2024
    Last edited: Jan 28, 2024
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  11. rocketsjudoka

    rocketsjudoka Contributing Member
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    Yes insurers are literally pricing in the costs
    Of a warming climate.
     
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  12. Amiga

    Amiga 10 years ago...
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    You are in the construction business, right? Has anyone considered yet that they will have to build differently (to withstand and/or avoid more frequent events), or is that way too costly?
     
  13. rocketsjudoka

    rocketsjudoka Contributing Member
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    I’m an architect and yes this is a major topic of discussion and has been for years. Building codes are being updated for a changing climate and newer building codes both are meant to address greater storm and rain events along with greater energy efficiency.

    Even as Florida’s political rhetoric is to deny climate change FL has the strongest codes in the country to deal with increased hurricane strengths. City planners in FL are revising zoning maps and long term planning to deal with things like beach erosion, flood plains, salt water intrusion and other things related to climate change.

    I heard from a county planner from FL they they can’t say “climate change” in official documents but it they are dealing with it daily.
     
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  14. tinman

    tinman Contributing Member
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    Woke people hate art and history and science and soup
    @Salvy
     
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  15. deb4rockets

    deb4rockets Contributing Member
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    You are right, but fortunately those attention seekers aren't getting paid to run our country like the biggest attention seekers of all....the MAGA propaganda and lies spreading fear inciters.
     
  16. Invisible Fan

    Invisible Fan Contributing Member

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  17. lpbman

    lpbman Member

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    Yikes, and I would add that Tim Palmer is as brilliant a mind as I've ever heard speak. His Invariant Set Hypothesis is the most satisfying theory for integrating gravity and QFT I've ever heard. Not that it has much to do with climate...
     
  18. rocketsjudoka

    rocketsjudoka Contributing Member
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    This is a big problem with our culture that crosses the political spectrum.
     
  19. Amiga

    Amiga 10 years ago...
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    We all better pray for it to be wrong.

    The debates among climate scientists need to be occurring much more quickly. It's somewhat incredible that govs are not providing funding to run more of these studies, experiments, and do them faster.
     
  20. Commodore

    Commodore Contributing Member

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