Those whose job it is to make financial bets on the future are increasingly finding acknowledgment of growing climate brittleness unavoidable.
Most regular people just have no idea of the likely magnitude of valuation losses in brittle places — or how quickly they're coming.
#brittlenessbubble
Right now may be the best time we'll ever have again to to sell Miami real estate.
#brittlenessbubble
to respond, even as future impacts grow more severe.
#brittlenessbubble
The more accurately insurance rates and availability reflect worsening climate risks, the more real estate disruption we'll see.
#brittlenessbubble
www.nytimes.com/2023/05/31/climate/clima...
A big chunk of fire-exposed exurban California is soon going to learn what becoming uninsurable means for a community’s future.
#brittlenessbubble twitter.com/AlexSteffen/status/11924...
Since we're making the Depression Great Again, we might as well add a climate change Dust Bowl derecho.
#BrittlenessBubble #ClimateEmergency
www.washingtonpost.com/weather/2020/08/12/iowa-...
Folk want to believe PG+E’s shutdowns stem from its profit-seeking, deferred maintenance & lack of accountability.
But even a well-run, responsible, public utility would be struggling with this massive, climate-driven increase in wildfire risk.
#brittlenessbubble #pgeshutoff
I’ve been talking about the future impacts of climate risk on governments’ ability to finance themselves for a while.
That future is here.
#brittlenessbubble
www.marketplace.org/2017/10/26/economy/clima...
