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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe insurance industry will NOT insure Mar-a-Lago if global temp rises above 2 degrees
I am watching "from the ashes" on national geographic channel, a documentary about the coal industry. In it, an expert says something to the effect that "the insurance industry will no longer insure properties if global temperature rises above 2 degrees Celsius. This is not one insurance company saying this; it's the entire insurance industry."
Others may be able to see that the true cost of environmental destruction is greater than any possible short-term profits. But for certain people who are in power right now, I believe that this is the #1 argument that needs to be utilized. How do we bring greater attention to what the insurance industry already takes as a given?
Edit to add: here's a recent bloomberg article about how this is already playing out in Florida: https://www.bloomberg.com/news/features/2017-04-19/the-nightmare-scenario-for-florida-s-coastal-homeowners
avebury
(10,952 posts)where they are located? Or are they talking about properties that are at or close to the coastlines?
oxbow
(2,034 posts)To my understanding, climate change will cause more extreme weather worldwide. Not just more flooding, but more and more extreme tornadoes, mudslides, droughts, etc.
marylandblue
(12,344 posts)A three-foot rise in sea level will cause most of South Florida to be under water. A six foot rise would cover half the state. And that is just Florida.
spanone
(135,818 posts)Spider Jerusalem
(21,786 posts)the temperature rise from climate change is always referred to in terms of Celsius, the USA is the only country that uses Fahrenheit, the Paris Agreement aims to limit temperature rise to below 1.5C.