A Princeton and MIT study found #climateChange "is increasing the chance a major hurricane could enter the Persian Gulf, home to 100s of billions of dollars of petroleum equipment and assets. Such cyclones... have never been observed in the Persian Gulf, climate researchers say."
-
-
Show this thread
-
Another study: "flood losses could exceed $1 trillion a year by 2050, unless the [world’s 136 biggest coastal cities] invested about $50 billion annually in adapting."
Show this thread -
Insurance employee on coastal flooding: “We can offer protection for hurricane losses or flood losses or other perils, but if certain coastal areas are so exposed, insurance becomes no longer viable. It becomes even uninsurable.”https://www.wsj.com/graphics/climate-change-forcing-insurance-industry-recalculate/?mod=article_inline …
Show this thread -
Related. More numbers on the financial cost to climate change: "
@ISERWeb economists believe the impacts of climate change could cost#Alaska hundreds of millions of dollars per year in the coming decades." (via@jtgamble_ak)http://www.alaskajournal.com/2019-01-02/iser-study-warmer-temps-will-cost-hundreds-millions-year#.XC1OVi0uW_g …Show this thread
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.