Will Big Business Finally Reckon with the Climate Crisis?

mercredi 5 février 2020 :: perrick :: Ecologie :: aucun commentaire :: aucun trackback

Pendant que les candidats de Lambersart se jaugent à qui plantera le plus d'arbres sur la commune, les bouleversements climatiques sont devenus Man’s First Good Forecast (dixit Spencer Glendon).

Many mortgages on homes and properties along the Florida coast now require owners to have flood insurance. Insurance contracts are renewed every year. If, at a certain point, insurance companies will no longer cover properties in a given area, owing to their climate exposure, then owners may risk defaulting on their mortgages. "If you say there are parts of the country where thirty-year mortgages don't make sense, even just because of uncertainty, bad things will happen in that place," Glendon told me. "These places will be financially underwater long before they are physically underwater."

Un article de Carolyn Kormann qui montre le chemin que doit encore parcourir ceux qui prennent les risques et les refilent à d'autres, c'est à dire ces financiers qui préfèrent surfer sur la hausse des bourses américaines avant de passer leur retraite au golf...